Description
NSE suspends trading in two Non-Convertible Debentures of Cholamandalam Investment and Finance Company Limited due to maturity, effective November 21, 2025.
Summary
National Stock Exchange of India has announced the suspension of trading in two Non-Convertible Debentures (NCDs) issued by Cholamandalam Investment and Finance Company Limited. The suspension is due to the maturity of these securities and will be effective from November 21, 2025. This action is taken in pursuance of Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Key Points
- Two NCDs of Cholamandalam Investment and Finance Company Limited will be suspended from trading
- Security 1: Symbol 888IHFL25F (ISIN: INE121A07RJ8)
- Security 2: Symbol CIFCZC25 (ISIN: INE121A07RL4)
- Reason for suspension: Maturity of the securities
- Regulatory basis: NSE Capital Market Trading Regulations Part A, Regulation 3.1.2
- Circular reference: NSE/CML/71359, Circular No. 2246/2025
Regulatory Changes
No new regulatory changes introduced. This is a routine administrative action based on existing NSE Capital Market Trading Regulations Part A, Regulation 3.1.2, which governs the suspension of securities upon maturity.
Compliance Requirements
No specific compliance actions required from market participants. Members are notified of the suspension for informational purposes. Trading in the specified NCDs must cease from the effective date.
Important Dates
- Circular Date: November 19, 2025
- Effective Date of Suspension: November 21, 2025
Impact Assessment
Market Impact: Minimal. This is a routine corporate action related to the natural maturity of debt securities. The suspension affects only two specific NCDs and does not impact the equity shares or other securities of Cholamandalam Investment and Finance Company Limited.
Investor Impact: Low. Investors holding these NCDs would have been aware of the maturity dates as per the terms of issuance. The maturity event triggers redemption of the securities, and the suspension simply reflects the end of the trading life cycle for these instruments.
Operational Impact: None. Standard procedure for NCD lifecycle management.
Impact Justification
Routine suspension due to maturity of two NCDs. Standard life-cycle event with no broader market implications.