Description
NSE suspends trading in Non-Convertible Securities (ISIN: INE121A07QV5) of Cholamandalam Investment and Finance Company Limited effective March 12, 2026, due to redemption.
Summary
NSE has notified the suspension of trading in Non-Convertible Securities (Privately Placed) of Cholamandalam Investment and Finance Company Limited (ISIN: INE121A07QV5), effective March 12, 2026. The suspension is triggered by the redemption of the instrument, in pursuance of Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
Key Points
- Trading in ISIN INE121A07QV5 (Cholamandalam Investment and Finance Company Limited) will be suspended from March 12, 2026.
- The reason for suspension is redemption of the Non-Convertible Security.
- The circular is issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A.
- This applies to all NSE members trading in the debt market segment.
Regulatory Changes
No new regulatory changes introduced. The suspension is a standard operational action under existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
Compliance Requirements
- All NSE members must cease trading in ISIN INE121A07QV5 from March 12, 2026 onwards.
- Members should update their systems and inform relevant clients about the suspension of this security.
Important Dates
- Circular Date: March 11, 2026
- Suspension Effective Date: March 12, 2026
Impact Assessment
The impact is limited to holders and traders of the specific Non-Convertible Security (INE121A07QV5) issued by Cholamandalam Investment and Finance Company Limited. As this is a privately placed debt instrument undergoing redemption, the suspension is routine and expected. No broader market or equity segment impact is anticipated.
Impact Justification
Routine redemption-based trading suspension affecting a single debt instrument; no equity market impact; standard operational action with narrow scope.