Description

NSE suspends trading in non-convertible securities (ISIN: INE572E09320) of PNB Housing Finance Limited effective January 1, 2026 due to redemption.

Summary

The National Stock Exchange has issued a circular notifying the suspension of trading in non-convertible securities of PNB Housing Finance Limited. The suspension is effective from January 1, 2026, and is pursuant to Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A. The reason for suspension is the redemption of the securities.

Key Points

  • Single non-convertible security (privately placed) to be suspended from trading
  • Company affected: PNB Housing Finance Limited
  • ISIN: INE572E09320
  • Suspension effective date: January 1, 2026
  • Reason: Redemption of the securities
  • Regulatory basis: Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A

Regulatory Changes

No new regulatory changes introduced. This is a routine operational notification pursuant to existing NSE Debt Market Trading Regulations.

Compliance Requirements

  • All NSE members must note the suspension and cease trading in the specified ISIN from January 1, 2026
  • No trading orders should be accepted for ISIN INE572E09320 after the suspension date
  • Members should inform their clients holding or trading these securities about the suspension

Important Dates

  • Circular Date: December 31, 2025
  • Suspension Effective Date: January 1, 2026

Impact Assessment

The impact of this circular is minimal and limited to holders of the specific privately placed non-convertible securities (ISIN: INE572E09320) of PNB Housing Finance Limited. The suspension is due to normal redemption of the debt instrument, which is a standard end-of-life event for fixed-income securities. This does not affect the company’s equity shares or other debt instruments. Investors holding these securities will receive redemption proceeds as per the original terms of issuance.

Impact Justification

Routine suspension of a single debt security due to scheduled redemption; affects only specific ISIN holders in privately placed debt segment