Description
NSE suspends trading in 5 Non-Convertible Debentures from August 26, 2025 due to redemption and call option exercise.
Summary
NSE has announced the suspension of trading in 5 Non-Convertible Debentures (Privately Placed) effective August 26, 2025. The suspensions are due to redemption and call option exercise by the respective issuers.
Key Points
- 5 Non-Convertible Debentures will be suspended from trading on August 26, 2025
- Suspensions are in accordance with Regulation 3.1.2 of NSE Debt Market Trading Regulations Part A
- Reasons include redemption and call option exercise
- Affected companies include major financial institutions and corporates
Regulatory Changes
No new regulatory changes. This action follows existing NSE Debt Market Trading Regulations Part A, Regulation 3.1.2.
Compliance Requirements
Members must note that trading in the specified NCDs will be suspended from the mentioned date. No additional compliance requirements for members.
Important Dates
- Suspension Date: August 26, 2025 - All 5 NCDs will be suspended from trading
- Circular Date: August 25, 2025
- Effective Date: August 26, 2025
Impact Assessment
Market Impact: Medium - Affects debt market liquidity for 5 specific instruments but represents routine market operations. Operational Impact: Low - Standard suspension procedure with clear advance notice to market participants. The suspended securities represent redemption activities by established financial institutions including Export Import Bank of India, Canara Bank, Tata Capital Limited, LIC Housing Finance Limited, and TVS Credit Services Limited.
Impact Justification
Routine suspension of 5 NCDs for redemption affects debt market liquidity but follows standard procedures