Description
NSE suspends trading in Non-Convertible Debentures of Indore Municipal Corporation (Symbol: IMC1) effective February 05, 2026 due to maturity.
Summary
The National Stock Exchange of India has announced the suspension of trading in Non-Convertible Debentures issued by Indore Municipal Corporation (Symbol: IMC1, ISIN: INE00QS24019) effective February 05, 2026. The suspension is due to the maturity of the debentures, in accordance with Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A.
Key Points
- Trading suspension applies to Indore Municipal Corporation’s Non-Convertible Debentures
- Security Symbol: IMC1
- ISIN Number: INE00QS24019
- Reason for suspension: Maturity of debentures
- Action taken under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No new regulatory changes introduced. This is a standard operational action following existing regulations regarding matured securities.
Compliance Requirements
No specific compliance actions required from members. This is a notification of trading suspension due to instrument maturity.
Important Dates
- Circular Date: February 03, 2026
- Effective Date: February 05, 2026 - Trading suspension becomes effective
Impact Assessment
Market Impact: Minimal. This is a routine suspension affecting a single municipal corporation debenture issue that has reached maturity. The suspension is expected and part of normal debt instrument lifecycle management.
Operational Impact: No operational changes required for market participants. Investors holding these debentures will follow standard maturity and redemption procedures as per the original issuance terms.
Impact Justification
Routine suspension due to maturity of municipal corporation debentures. No broader market impact or compliance changes.