Description

NSE suspends trading of Tata Capital Limited's NCD (ISIN: INE306N07NM1) effective March 13, 2026, due to conversion of partly paid NCDs into fully paid NCDs.

Summary

NSE has notified the suspension of trading of a Non-Convertible Debenture (NCD) issued by Tata Capital Limited (ISIN: INE306N07NM1) with effect from March 13, 2026. The suspension is triggered by the conversion of partly paid NCDs into fully paid NCDs under Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A.

Key Points

  • Trading in Tata Capital Limited NCD (ISIN: INE306N07NM1) is suspended from March 13, 2026
  • Suspension reason: Conversion of partly paid NCDs into fully paid NCDs
  • Circular issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
  • Reference: NSE/CML/73290, Circular Ref. No: 0446/2026

Regulatory Changes

No new regulatory changes introduced. The suspension is executed under the existing framework of Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.

Compliance Requirements

  • All NSE members are notified to cease trading in the specified NCD (INE306N07NM1) effective March 13, 2026
  • Members must ensure no trades are executed in this security from the suspension date

Important Dates

  • March 13, 2026: Suspension of trading effective date for Tata Capital Limited NCD (INE306N07NM1)

Impact Assessment

The suspension is a routine corporate action-driven halt affecting only the specific NCD instrument (INE306N07NM1) of Tata Capital Limited. Investors holding this partly paid NCD will see it converted into fully paid NCDs, after which trading may resume under a new or updated ISIN. The broader market impact is minimal as this affects a single debt instrument. Holders of this NCD should monitor NSE announcements for details on the converted fully paid NCD and its trading reinstatement.

Impact Justification

Trading suspension affects a specific NCD of Tata Capital Limited due to a corporate action (conversion of partly paid to fully paid NCDs). Impact is limited to holders of this specific instrument.