Description
NSE suspends trading in one Non-Convertible Debenture (ISIN: INE213W07202) of SMFG India Home Finance Company Limited effective October 23, 2025 due to redemption.
Summary
The National Stock Exchange of India has announced the suspension of trading in one Non-Convertible Debenture (privately placed) issued by SMFG India Home Finance Company Limited. The suspension is effective from October 23, 2025, and is due to the redemption of the instrument. This action is taken in pursuance of Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
Key Points
- Single NCD suspension affecting SMFG India Home Finance Company Limited
- ISIN affected: INE213W07202
- Suspension effective from October 23, 2025
- Reason for suspension: Redemption of the debenture
- Circular reference: NSE/CML/70907, dated October 20, 2025
- Circular number: 2061/2025
Regulatory Changes
No new regulatory changes introduced. This circular implements existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which governs suspension of trading in debt securities.
Compliance Requirements
- All exchange members must cease trading in the specified NCD (ISIN: INE213W07202) from the suspension date
- Members should update their systems to reflect the trading suspension
- No new positions can be created in the suspended instrument after October 23, 2025
Important Dates
- Circular Issue Date: October 20, 2025
- Suspension Effective Date: October 23, 2025
Impact Assessment
Market Impact: Low - This is a routine administrative action affecting a single privately placed Non-Convertible Debenture. The suspension is due to normal redemption of the instrument.
Investor Impact: Limited to existing holders of the specific NCD (ISIN: INE213W07202) who will receive redemption proceeds as per the terms of the debenture.
Operational Impact: Minimal - Standard procedure for debt instruments reaching maturity. Exchange members need to update trading systems to block orders for the suspended ISIN.
Impact Justification
Routine suspension of a single NCD due to redemption. Limited market impact affecting only specific debenture holders.