Description

NSE notifies suspension of trading in privately placed non-convertible securities of Sammaan Capital Limited and NTPC Limited effective March 09, 2026, due to redemption.

Summary

NSE’s Listing Department has issued a circular (Ref No: NSE/CML/73186, Circular Ref. No: 0401/2026) notifying the suspension of trading in two privately placed Non-Convertible Securities on the NSE Debt Market segment. The suspension is effective from March 09, 2026, and is triggered by the redemption of these instruments.

Key Points

  • Two privately placed non-convertible securities will be suspended from trading on the NSE Debt Market effective March 09, 2026.
  • Sammaan Capital Limited (ISIN: INE148I07EA1) — suspended due to redemption.
  • NTPC Limited (ISIN: INE733E07EZ6) — suspended due to redemption.
  • The suspension is issued under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Regulatory Changes

No new regulatory changes introduced. This circular is issued in pursuance of existing Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A, which governs the suspension of debt securities upon maturity or redemption.

Compliance Requirements

  • All NSE members are notified to cease trading in the specified ISINs from the suspension date.
  • Members holding or dealing in these securities must ensure no trades are executed on or after March 09, 2026.
  • Investors holding these securities should process redemption settlement through their respective depositories/custodians.

Important Dates

  • Circular Date: March 06, 2026
  • Suspension Effective Date: March 09, 2026 (for both ISINs)

Impact Assessment

The impact is limited and routine in nature. Both securities are being suspended ahead of their redemption dates, which is standard practice for maturing debt instruments on the NSE Debt Market. Existing holders of INE148I07EA1 (Sammaan Capital) and INE733E07EZ6 (NTPC) will receive redemption proceeds as per the terms of the respective instruments. There is no broader market disruption expected. NTPC being a large public-sector entity adds marginal visibility but the impact remains localized to holders of these specific ISINs.

Impact Justification

Routine suspension due to upcoming redemption of privately placed NCDs from two issuers; affects specific ISIN holders but is a standard debt market lifecycle event.