Description

NSE suspends trading in three Non-Convertible Securities of Power Grid Corporation, NTPC Limited, and Aditya Birla Capital Limited effective December 08, 2025 due to redemption.

Summary

National Stock Exchange of India Limited has announced the suspension of trading in three Non-Convertible Securities (Privately Placed) effective December 08, 2025. The suspension affects debt securities issued by Power Grid Corporation of India Limited, NTPC Limited, and Aditya Birla Capital Limited, all due to redemption as per Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Key Points

  • Three Non-Convertible Securities will be suspended from trading on December 08, 2025
  • All suspensions are due to redemption of the securities
  • Power Grid Corporation of India Limited (ISIN: INE860H07HD0)
  • NTPC Limited (ISIN: INE733E07GR8)
  • Aditya Birla Capital Limited (ISIN: INE752E07NK9)
  • Circular issued under NSE Debt Market Trading Regulations Part A, Regulation 3.1.2

Regulatory Changes

No regulatory changes introduced. This is a routine operational notification for suspension of trading in debt securities.

Compliance Requirements

No specific compliance requirements for members. This is an informational circular notifying members about the suspension of trading in the specified securities.

Important Dates

  • Circular Date: December 05, 2025
  • Suspension Effective Date: December 08, 2025

Impact Assessment

Minimal market impact as this is a routine suspension of privately placed debt securities due to scheduled redemption. These securities were already approaching maturity and the suspension is procedural in nature. Trading members holding positions in these specific ISINs should note the suspension date. The action affects only the three specific privately placed instruments and does not impact the equity shares or other securities of the issuers.

Impact Justification

Routine suspension of debt securities due to scheduled redemption affecting only specific privately placed instruments with limited market impact