Description

NSE suspends trading in NCDs of Godrej Industries Limited and Cholamandalam Investment and Finance Company Limited effective November 27, 2025 due to redemption.

Summary

NSE has issued a circular notifying the suspension of trading in two Non-Convertible Debentures (Privately Placed) effective November 27, 2025. The affected securities are NCDs of Godrej Industries Limited (ISIN: INE233A08063) and Cholamandalam Investment and Finance Company Limited (ISIN: INE121A07QU7). Both suspensions are due to redemption of the respective debentures.

Key Points

  • Two NCDs will be suspended from trading on NSE Debt Market
  • Suspension effective from November 27, 2025
  • Godrej Industries Limited NCD (ISIN: INE233A08063) - suspended due to redemption
  • Cholamandalam Investment and Finance Company Limited NCD (ISIN: INE121A07QU7) - suspended due to redemption
  • Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
  • Circular reference: NSE/CML/71488, Circular Ref. No: 2296/2025

Regulatory Changes

No regulatory changes introduced. This is a routine administrative action under existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Compliance Requirements

  • Members must cease trading in the specified NCDs from November 27, 2025
  • No trading activity permitted in ISIN INE233A08063 (Godrej Industries)
  • No trading activity permitted in ISIN INE121A07QU7 (Cholamandalam Investment)

Important Dates

  • Circular Date: November 26, 2025
  • Suspension Effective Date: November 27, 2025

Impact Assessment

This is a routine administrative measure with minimal market impact. The suspension affects only two specific privately placed NCDs and does not impact equity trading or other debt securities of these companies. Investors holding these debentures will receive redemption proceeds as per the original terms. No broader market implications expected.

Impact Justification

Routine suspension of two NCDs due to scheduled redemption; affects only specific debt securities, not equity trading