Description
NSE suspends trading in three non-convertible securities from December 15, 2025, due to redemption and call option exercise by Indian Bank, IDBI Bank, and NIIF Infrastructure Finance.
Summary
NSE has announced the suspension of trading in three Non-Convertible Securities (privately placed) effective December 15, 2025. The suspension applies to securities issued by Indian Bank, IDBI Bank Limited, and NIIF Infrastructure Finance Limited, with redemptions occurring due to maturity or call option exercise.
Key Points
- Three Non-Convertible Securities will be suspended from trading on NSE Debt Market
- Suspension effective date: December 15, 2025
- Action taken under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
- All three suspensions are due to redemption processes
Securities Details
- Indian Bank (ISIN: INE562A08073) - Redemption for exercising call option
- IDBI Bank Limited (ISIN: INE008A08V00) - Redemption for exercising call option
- NIIF Infrastructure Finance Limited (ISIN: INE246R07467) - Redemption
Regulatory Changes
No regulatory changes. This is a routine administrative action under existing NSE Debt Market Trading Regulations.
Compliance Requirements
- Trading members must cease trading in the specified securities from December 15, 2025
- Market participants holding these securities should be aware of the suspension and redemption process
Important Dates
- Circular Date: December 12, 2025
- Suspension Effective Date: December 15, 2025
Impact Assessment
Limited market impact as these are privately placed non-convertible securities with restricted trading. The suspensions are routine administrative actions related to scheduled redemptions. Bondholders will receive redemption proceeds as per the terms of their securities. No broader market implications expected.
Impact Justification
Routine suspension of specific debt securities due to scheduled redemptions; affects only three privately placed NCDs with limited market impact