Description

NSE suspends trading in NHPC Limited's privately placed non-convertible security (ISIN: INE848E07BD5) effective February 23, 2026, due to redemption.

Summary

NSE has notified the suspension of trading in one privately placed non-convertible security issued by NHPC Limited, effective February 23, 2026. The suspension is triggered by the upcoming redemption of the security under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Key Points

  • NHPC Limited’s non-convertible security with ISIN INE848E07BD5 will be suspended from trading on the NSE debt market segment.
  • The suspension is effective from February 23, 2026.
  • Reason for suspension: Redemption of the security.
  • Circular issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A.
  • Reference: NSE/CML/72900, Circular Ref. No. 0285/2026.

Regulatory Changes

No new regulatory changes introduced. The suspension is executed in pursuance of existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which governs the suspension of non-convertible securities upon redemption.

Compliance Requirements

  • All NSE members are notified to cease trading in ISIN INE848E07BD5 (NHPC Limited) from February 23, 2026 onwards.
  • Members dealing in debt market instruments should update their systems to reflect the suspension of this security.

Important Dates

  • Circular Date: February 20, 2026
  • Suspension Effective Date: February 23, 2026

Impact Assessment

The impact is limited and routine in nature. This suspension affects only a single privately placed non-convertible security of NHPC Limited (INE848E07BD5) in the debt market segment. As the suspension is due to scheduled redemption, investors holding this security will receive redemption proceeds as per the terms of the instrument. No broader market disruption is anticipated. Debt market participants with exposure to this ISIN should note the cessation of secondary market trading from February 23, 2026.

Impact Justification

Routine suspension of a single privately placed non-convertible security due to scheduled redemption; limited market impact as it affects only one ISIN of one issuer.