Description

NSE lists five privately placed debt securities from Emerald Haven Life Spaces entities, IFL Finance, Profectus Capital, and Muthoot Finance on capital market segment effective January 21, 2026.

Summary

NSE has admitted five privately placed debt securities to dealings on the capital market segment effective January 21, 2026. The securities include debt instruments from Emerald Haven Life Spaces 3 Private Limited (7% coupon, maturity 2046), IFL Finance Limited (12.25% coupon, maturity 2028), Profectus Capital Private Limited (9% coupon, maturity 2028), Emerald Haven Life Spaces 2 Private Limited (7% coupon, maturity 2046), and Muthoot Finance Limited (8.7% coupon, maturity 2036). All securities will trade with a market lot size of 1.

Key Points

  • Five debt securities admitted to NSE capital market segment
  • Trading commences January 21, 2026
  • All securities have market lot size of 1
  • Coupon rates range from 7% to 12.25%
  • Maturity dates range from 2028 to 2046
  • Securities identified by designated codes: 7EHLS346, 1225IFL28, 9PCPL28, 7EHS246, 87MFL36

Regulatory Changes

No regulatory changes. This is a routine listing notification pursuant to Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

Members must use designated security codes for trading these instruments and adhere to specified lot sizes as per Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A.

Important Dates

  • Circular Date: January 20, 2026
  • Effective Date: January 21, 2026
  • Maturity Dates:
    • IFL Finance: January 16, 2028
    • Profectus Capital: January 19, 2028
    • Muthoot Finance: January 16, 2036
    • Emerald Haven Life Spaces 3: January 19, 2046
    • Emerald Haven Life Spaces 2: January 19, 2046

Impact Assessment

Minimal market impact. This is a routine administrative listing of privately placed debt securities that expands the debt market segment. The listing provides secondary market liquidity for these debt instruments but does not affect equity markets or broader trading operations. Only relevant to debt market participants and the issuing companies’ debenture holders.

Impact Justification

Routine listing of privately placed debt securities with no impact on equity trading or broader market operations