Description
NSE notifies listing of Zero Coupon Zero Principal (ZCZP) instruments of SGBS Unnati Foundation on the Capital Market segment effective March 17, 2026. The securities will not be traded on the exchange.
Summary
NSE has notified the listing of Zero Coupon Zero Principal (ZCZP) instruments issued by SGBS Unnati Foundation on the National Stock Exchange Capital Market segment, effective March 17, 2026. These securities carry a 0% coupon rate, are listed under symbol UNZCZP-SE (Series N0), and will not be traded on the exchange.
Key Points
- 4,269,945 ZCZP instruments of SGBS Unnati Foundation are being listed on NSE Capital Market segment
- Symbol: UNZCZP-SE | Series: N0 | ISIN: INS0R4Y12034
- Maturity Date: February 11, 2027
- Securities carry 0% interest (Zero Coupon Zero Principal instruments)
- Securities will NOT be available for trading on the exchange
- Registrar: Bigshare Services Private Limited, Mumbai
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notification under NSE’s listing framework for ZCZP social bond instruments.
Compliance Requirements
- Exchange members are notified to identify these securities only by their designated codes (UNZCZP-SE / Series N0)
- No trading activity is permitted in these securities on the exchange
Important Dates
- Circular Date: March 16, 2026
- Listing Effective Date: March 17, 2026
- Maturity Date: February 11, 2027
Impact Assessment
Minimal market impact. These are non-tradeable ZCZP instruments issued by SGBS Unnati Foundation, a non-profit entity based in Bangalore. ZCZP instruments are typically social impact bonds where investors do not receive principal or interest repayment in monetary form; returns are in the form of social outcomes. The listing is administrative in nature and does not affect trading activity or broader market operations.
Impact Justification
Routine listing notification for non-tradeable ZCZP social bond instruments of a non-profit foundation; no trading activity involved and limited market impact.