Description

NSE notifies the listing of three privately placed debt securities from SMFG India Credit Company Limited, Sundaram Finance Limited, and SMFG India Home Finance Company Limited, effective October 28, 2025.

Summary

National Stock Exchange notifies the listing of three privately placed debt securities on the capital market segment effective October 28, 2025. The securities include bonds from SMFG India Credit Company Limited (8.05% coupon, 2035 maturity), Sundaram Finance Limited (7.05% coupon, 2028 maturity), and SMFG India Home Finance Company Limited (8.10% coupon, 2035 maturity). All securities have a market lot size of 1.

Key Points

  • Three debt securities admitted to trading on NSE Capital Market segment
  • SMFG India Credit Company Limited: Symbol 805SICCL35, 8.05% coupon, maturity October 24, 2035, ISIN INE535H08819
  • Sundaram Finance Limited: Symbol 705SFL28, 7.05% coupon, maturity October 11, 2028, ISIN INE660A07SA2
  • SMFG India Home Finance Company Limited: Symbol 810SIHF35, 8.10% coupon, maturity October 24, 2035, ISIN INE213W08069
  • All securities designated with Series N0 and market lot size of 1
  • Trading to be conducted using designated security codes only

Regulatory Changes

No regulatory changes introduced. This circular is a notification pursuant to existing Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Members must identify securities by their designated codes for trading purposes
  • Trading must be conducted in the specified lot sizes (market lot of 1 for all three securities)
  • Members to note the effective date of October 28, 2025 for commencement of trading

Important Dates

  • Circular Date: October 27, 2025
  • Effective Date: October 28, 2025
  • Maturity Dates:
    • SMFG India Credit Company Limited bonds: October 24, 2035
    • Sundaram Finance Limited bonds: October 11, 2028
    • SMFG India Home Finance Company Limited bonds: October 24, 2035

Impact Assessment

This is a routine administrative notification with minimal market impact. The listing expands the debt market segment with three new instruments from established financial services companies. The securities provide investment options with coupon rates ranging from 7.05% to 8.10% and varying maturity profiles (2028 and 2035). Impact is limited to investors and members interested in debt securities from these specific issuers. No operational changes required beyond standard trading procedures for newly listed debt instruments.

Impact Justification

Routine listing notification for three privately placed debt securities with no market-wide impact; affects only specific debt instruments