Description
NSE suspends trading in National Housing Bank's privately placed non-convertible security (ISIN: INE557F08FP2) effective March 18, 2026, due to redemption.
Summary
NSE has notified the suspension of trading in a privately placed non-convertible security issued by National Housing Bank (ISIN: INE557F08FP2), effective March 18, 2026. The suspension is triggered by the redemption of the security, in accordance with Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A.
Key Points
- Trading in National Housing Bank’s non-convertible security (ISIN: INE557F08FP2) will be suspended from March 18, 2026.
- The reason for suspension is redemption of the security.
- This action is taken under Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A.
- The circular is addressed to all NSE members.
Regulatory Changes
No new regulatory changes. The suspension is a standard procedural action under existing NSE Debt Market (Trading) Regulations Part A, Regulation 3.1.2.
Compliance Requirements
- All NSE members must cease trading in ISIN INE557F08FP2 (National Housing Bank) from March 18, 2026.
- No further action required beyond halting trades in the specified security.
Important Dates
- March 17, 2026: Circular issued.
- March 18, 2026: Trading suspension effective date for INE557F08FP2.
Impact Assessment
The impact is limited and routine. This is a single privately placed non-convertible debt security being suspended due to maturity/redemption. It affects only holders and traders of this specific instrument. No broader market or systemic impact is anticipated.
Impact Justification
Routine suspension of a single debt security due to scheduled redemption; no broader market impact expected.