Description
NSE suspends trading in IIFL Finance Limited NCD (ISIN: INE530B07419) effective November 17, 2025 due to redemption for exercising call option.
Summary
The National Stock Exchange has issued a circular notifying the suspension of trading in Non-Convertible Debentures (Privately Placed) issued by IIFL Finance Limited. The suspension is effective from November 17, 2025, and is pursuant to Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A. The reason for suspension is redemption for exercising call option.
Key Points
- Trading suspension applies to IIFL Finance Limited NCDs with ISIN: INE530B07419
- Suspension effective date: November 17, 2025
- Reason: Redemption for exercising call option
- Circular issued under NSE Debt Market Trading Regulations Part A, Regulation 3.1.2
- Circular Reference Number: 2220/2025
- Department: Listing
Regulatory Changes
No new regulatory changes introduced. This circular implements existing provisions under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A for suspension of debt instruments.
Compliance Requirements
- All NSE members must note the suspension of trading in the specified NCD
- No trading will be permitted in ISIN INE530B07419 from November 17, 2025
- Members should update their systems to reflect the suspension status
Important Dates
- Circular Issue Date: November 14, 2025
- Suspension Effective Date: November 17, 2025
Impact Assessment
Market Impact: Low. This is a routine suspension affecting a single privately placed NCD issue. The suspension is due to normal redemption process through call option exercise, which is a standard corporate action.
Operational Impact: Minimal. Only affects holders and traders of this specific IIFL Finance NCD. Does not impact equity trading or other debt instruments of the company.
Investor Impact: Limited to holders of this specific NCD who will receive redemption proceeds as per the call option terms. No trading opportunity will be available post-suspension date.
Impact Justification
Routine suspension of single NCD issue due to redemption via call option exercise. Affects only specific debt instrument holders, not equity trading or broader market operations.