Description
NSE admits SMFG India Credit Company Limited's market linked debt securities to trading on capital market segment effective November 14, 2025.
Summary
NSE has admitted privately placed debt securities of SMFG India Credit Company Limited to dealings on the capital market segment. The security will be available for trading with effect from November 14, 2025, under the designated symbol SICCL28 in N0 series with a market lot size of 1.
Key Points
- Company: SMFG India Credit Company Limited
- Symbol: SICCL28
- Series: N0
- Market Lot: 1 unit
- Issue Description: SICCL market linked 2028
- Coupon Rate: 7.1% per annum
- Date of Maturity: November 10, 2028
- ISIN Code: INE535H07CS7
- Securities admitted pursuant to Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No regulatory changes. This is a routine listing notification under existing NSE Capital Market Trading Regulations.
Compliance Requirements
- Trading members must use the designated security code SICCL28 for identification on the trading system
- All trades must be executed in the specified lot size of 1 unit as per Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
- Members must update their systems to reflect the new security listing
Important Dates
- Circular Date: November 13, 2025
- Effective Date: November 14, 2025 (trading commencement)
- Maturity Date: November 10, 2028
Impact Assessment
This is a routine listing of a single privately placed debt security with minimal market impact. The listing provides an additional trading instrument for investors interested in SMFG India Credit Company Limited’s debt securities. The market-linked nature of the security and 7.1% coupon rate provides investors with exposure to the issuer’s credit profile with a medium-term maturity horizon of approximately 3 years.
Impact Justification
Routine listing of single privately placed debt security with limited market-wide impact