Description

NSE suspends trading in privately placed non-convertible securities of Jorabat Shillong Expressway Limited (ISIN: INE944Y07083) effective February 27, 2026, due to redemption.

Summary

NSE has notified the suspension of trading in privately placed non-convertible securities of Jorabat Shillong Expressway Limited, effective February 27, 2026. The suspension is triggered by the redemption of the security (ISIN: INE944Y07083), in accordance with Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Key Points

  • Trading in non-convertible securities of Jorabat Shillong Expressway Limited will be suspended from February 27, 2026.
  • ISIN affected: INE944Y07083.
  • Reason for suspension: Redemption of the security.
  • Issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A.
  • Circular reference: NSE/CML/73021 | Circular Ref. No: 0330/2026.

Regulatory Changes

No new regulatory changes introduced. The suspension is a standard procedural action under existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which governs the suspension of trading in debt securities upon events such as redemption.

Compliance Requirements

  • All NSE members are notified to cease trading in ISIN INE944Y07083 (Jorabat Shillong Expressway Limited) from February 27, 2026 onwards.
  • Members must ensure no orders are placed or executed in this security on or after the suspension date.

Important Dates

  • Circular Date: February 26, 2026
  • Suspension Effective Date: February 27, 2026

Impact Assessment

The impact is limited to holders and traders of the specific non-convertible security (INE944Y07083) of Jorabat Shillong Expressway Limited in the NSE debt market segment. As this is a privately placed security being suspended due to redemption, it represents a normal lifecycle event with no broader market disruption. Investors holding this security should note that trading will cease from February 27, 2026, and should coordinate with their intermediaries regarding redemption proceeds.

Impact Justification

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