Description
NSE suspends trading in ZCZP security of Mukti (Symbol: MUKTI-SE, ISIN: INS0TMW12010) effective February 27, 2026.
Summary
NSE has notified the suspension of Zero Coupon Zero Principal (ZCZP) security issued by Mukti (Symbol: MUKTI-SE, ISIN: INS0TMW12010) from the Exchange, effective February 27, 2026. ZCZP instruments are social impact bonds where investors receive no coupon payments or principal repayment.
Key Points
- Mukti’s ZCZP security (MUKTI-SE) will be suspended from trading on NSE effective February 27, 2026
- ISIN: INS0TMW12010
- Circular issued by NSE Listing Department under Ref No: NSE/CML/72987
- Circular Ref. No: 0316/2026
Regulatory Changes
No new regulatory framework introduced. This is an administrative action suspending a specific ZCZP security from NSE trading pursuant to existing listing and suspension rules.
Compliance Requirements
- All NSE members are notified of the suspension and must cease trading in MUKTI-SE (ISIN: INS0TMW12010) from February 27, 2026 onwards
- Members should update their systems and inform clients holding or intending to trade this security
Important Dates
- Circular Date: February 25, 2026
- Suspension Effective Date: February 27, 2026
Impact Assessment
The suspension directly affects investors and members holding or trading the Mukti ZCZP security on NSE. ZCZP (Zero Coupon Zero Principal) instruments are social/impact investment vehicles; their suspension may indicate the completion of the instrument’s purpose, regulatory action, or organizational changes at Mukti. Broader market impact is limited given the niche nature of ZCZP securities.
Impact Justification
Suspension of a specific ZCZP security affects holders and traders of Mukti's social impact instrument; limited broader market impact but significant for directly involved parties.