Description
NSE suspends trading in NCDs of Clix Capital Services, Export Import Bank of India, and Tata Capital Limited effective November 3, 2025 due to redemption.
Summary
NSE has announced the suspension of trading in three Non-Convertible Debentures (NCDs) issued by Clix Capital Services Private Limited, Export Import Bank of India, and Tata Capital Limited. The suspension is effective from November 3, 2025, and is due to the redemption of these debt instruments. This action is taken in pursuance of Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
Key Points
- Three NCDs will be suspended from trading on NSE
- All suspensions are due to redemption of the instruments
- Suspension effective date: November 3, 2025
- Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
Suspended Instruments
| Company Name | ISIN | Suspension Date | Reason |
|---|---|---|---|
| Clix Capital Services Private Limited | INE157D07EE5 | November 3, 2025 | Redemption |
| Export Import Bank of India | INE514E08ES3 | November 3, 2025 | Redemption |
| Tata Capital Limited | INE306N07NF5 | November 3, 2025 | Redemption |
Regulatory Changes
No new regulatory changes. This circular implements existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A regarding suspension of trading in debt securities.
Compliance Requirements
- Members and participants should note that trading in the listed NCDs will cease from November 3, 2025
- Market participants holding these instruments should be aware of the suspension ahead of redemption
- All affected parties should take necessary actions before the suspension date
Important Dates
- Circular Date: October 31, 2025
- Suspension Effective Date: November 3, 2025
Impact Assessment
The impact is limited to holders and traders of these specific NCDs. The suspension is procedural and expected, as it occurs prior to the redemption of these instruments. This is a routine market operation that ensures orderly cessation of trading before debt instruments are redeemed. Investors holding these NCDs will receive their principal and any applicable interest upon redemption as per the terms of the respective instruments.
Impact Justification
Routine suspension of NCDs due to scheduled redemption. Affects debt market participants holding these specific instruments but is part of normal lifecycle.