Description
NSE suspends trading in NCD (ISIN: INE556F08KE8) of Small Industries Development Bank of India effective November 10, 2025 due to redemption.
Summary
NSE has announced the suspension of trading in a Non-Convertible Debenture (Privately Placed) issued by Small Industries Development Bank of India (SIDBI) effective November 10, 2025. The suspension is being implemented in accordance with Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, and the reason for suspension is the redemption of the debenture.
Key Points
- Trading suspension for SIDBI NCD with ISIN INE556F08KE8
- Suspension effective from November 10, 2025
- Reason: Redemption of the debt security
- Action taken under NSE Debt Market Trading Regulations Part A, Regulation 3.1.2
- Circular reference number: 2162/2025
- NSE reference: NSE/CML/71180
Regulatory Changes
No regulatory changes. This is a standard operational action pursuant to existing NSE Debt Market Trading Regulations.
Compliance Requirements
All NSE members must note that trading in the specified NCD will be suspended from the effective date. No new trades can be executed in this security from November 10, 2025 onwards.
Important Dates
- Circular Date: November 7, 2025
- Suspension Effective Date: November 10, 2025
Impact Assessment
This is a routine administrative action with minimal market impact. The suspension is due to the natural maturity and redemption of the debt instrument. Investors holding this NCD will receive their principal and final interest payment as per the original terms of issuance. No trading or liquidity concerns for other securities.
Impact Justification
Routine suspension due to scheduled redemption of a single NCD. Limited market impact as this is standard procedure for maturing debt securities.