Description

NSE notifies suspension of trading in privately placed non-convertible securities of Nuclear Power Corporation of India Limited and NTPC Limited effective March 10, 2026, due to redemption.

Summary

NSE’s Listing Department has issued a circular (Ref No: NSE/CML/73201, Circular Ref. 0407/2026) notifying the suspension of trading in two privately placed Non-Convertible Securities on the Debt Market segment. The suspensions are effective March 10, 2026, for both securities, and are triggered by their scheduled redemption.

Key Points

  • Two privately placed non-convertible securities will be suspended from trading on NSE effective March 10, 2026.
  • Nuclear Power Corporation of India Limited (ISIN: INE206D08261) — suspended due to redemption.
  • NTPC Limited (ISIN: INE733E07CQ9) — suspended due to redemption.
  • Action is taken under Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A.
  • Circular issued by Vishakha Kine, Manager, NSE Listing Department.

Regulatory Changes

No new regulatory changes introduced. The suspension is enacted under the existing framework of Regulation 3.1.2 of the National Stock Exchange 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 two specified ISINs from March 10, 2026.
  • Members should update their systems and inform clients holding these securities about the impending suspension and redemption.

Important Dates

  • March 09, 2026: Circular issuance date.
  • March 10, 2026: Effective date of suspension of trading for both INE206D08261 (Nuclear Power Corporation of India Limited) and INE733E07CQ9 (NTPC Limited).

Impact Assessment

The impact is limited and routine. Both securities are being redeemed per their terms, which is a standard lifecycle event for debt instruments. Holders of these NCDs will receive redemption proceeds as per the terms of the respective securities. There is no adverse market impact; this is an orderly wind-down of two privately placed debt instruments issued by two major public sector undertakings — Nuclear Power Corporation of India Limited and NTPC Limited.

Impact Justification

Routine suspension of two debt securities upon redemption; affects bondholders of NPCIL and NTPC privately placed NCDs but has no broader equity market impact.