Description
Trading suspension of two IRFC NCDs (707IRFC25 and 732IRFC25) effective December 05, 2025 due to maturity.
Summary
NSE has announced the suspension of trading for two Non-Convertible Debentures issued by Indian Railway Finance Corporation Limited effective December 05, 2025. The suspension is pursuant to Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A and is due to the maturity of these instruments.
Key Points
- Two IRFC NCDs will be suspended from trading on NSE
- Symbol 707IRFC25 (ISIN: INE053F07793) - suspended due to maturity
- Symbol 732IRFC25 (ISIN: INE053F07827) - suspended due to maturity
- Suspension is in accordance with NSE Capital Market Trading Regulations Part A, Regulation 3.1.2
- Circular reference number: 2319/2025
Regulatory Changes
No new regulatory changes introduced. This is a standard procedural action under existing regulations for securities reaching maturity.
Compliance Requirements
Members should note that these securities will no longer be available for trading on the exchange from the effective date. Existing positions should be settled as per the maturity terms of the respective NCDs.
Important Dates
- Circular Date: November 28, 2025
- Effective Date: December 05, 2025
Impact Assessment
Market Impact: Low - This is a routine suspension due to maturity of debt instruments. Investors holding these NCDs will receive their principal and final interest payments as per the terms of issuance.
Operational Impact: Minimal - Standard procedure for maturing debt securities. No trading disruption expected for other securities or market participants.
Impact Justification
Routine suspension due to maturity of debt securities; limited market impact as this is standard end-of-life process for NCDs