Description
NSE suspends trading in five series of Non-Convertible Debentures issued by Sammaan Capital Limited effective December 15, 2025 due to maturity.
Summary
The National Stock Exchange of India has announced the suspension of trading in five series of Non-Convertible Debentures (NCDs) issued by Sammaan Capital Limited, effective December 15, 2025. The suspension is being implemented under Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A, with maturity being cited as the reason for suspension across all five NCD series.
Key Points
- Five NCD series of Sammaan Capital Limited will be suspended from trading
- Suspension effective date: December 15, 2025
- All suspensions are due to maturity of the debt instruments
- Action taken under NSE Capital Market Trading Regulations Part A, Regulation 3.1.2
- Circular reference number: 2436/2025
Suspended Securities Details
| Sr. No. | Symbol | ISIN | Reason |
|---|---|---|---|
| 1 | 905SCL25 | INE148I07NI5 | Maturity |
| 2 | 955SCL25 | INE148I07NH7 | Maturity |
| 3 | 87SCL25 | INE148I07NP0 | Maturity |
| 4 | 916SCL25 | INE148I07NM7 | Maturity |
| 5 | 98SCL27 | INE148I07NL9 | Maturity |
Regulatory Changes
No new regulatory changes introduced. This circular implements existing provisions under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A for suspension of matured debt securities.
Compliance Requirements
- Trading members must cease trading in the specified NCD securities from December 15, 2025
- Market participants should update their systems to reflect the trading suspension
- Debenture holders should note that these securities will no longer be tradable on the exchange platform after the effective date
Important Dates
- Circular Issue Date: December 12, 2025
- Effective Date of Suspension: December 15, 2025
Impact Assessment
The impact of this circular is minimal and limited to existing holders of these specific NCD series. This is a standard administrative procedure for matured debt instruments. The suspension does not indicate any financial distress or regulatory action against Sammaan Capital Limited - it is simply the natural conclusion of the debt instruments’ lifecycle. Trading members and investors holding these NCDs should arrange for redemption through the issuer’s designated processes. There is no broader market impact expected from this routine suspension.
Impact Justification
Routine administrative action for matured debt securities with limited market impact, affecting only specific NCD holders of Sammaan Capital Limited