Description
NSE notifies suspension of ZCZP security of Prashanthi Balamandira Trust (Symbol: PBTZCZP-SE) from trading on the Exchange effective March 27, 2026.
Summary
NSE has notified the suspension of the Zero Coupon Zero Principal (ZCZP) security issued by Prashanthi Balamandira Trust from trading on the Exchange. The suspension takes effect from March 27, 2026, as per Circular Ref. No. 0483/2026 issued by the Listing Department.
Key Points
- Prashanthi Balamandira Trust’s ZCZP security (Symbol: PBTZCZP-SE, ISIN: INS1M3R12018) will be suspended from trading on NSE.
- The suspension is effective from March 27, 2026.
- The circular was issued under Download Ref No: NSE/CML/73392 dated March 20, 2026.
Regulatory Changes
No new regulatory framework is introduced. This circular is an administrative action under NSE’s listing regulations to suspend a specific ZCZP security from the Exchange.
Compliance Requirements
- All NSE members are notified to cease trading in PBTZCZP-SE (ISIN: INS1M3R12018) from March 27, 2026.
- Members should inform their clients holding this security about the upcoming suspension.
Important Dates
- Circular Date: March 20, 2026
- Suspension Effective Date: March 27, 2026
Impact Assessment
The suspension directly affects investors and members holding or trading in the ZCZP security of Prashanthi Balamandira Trust. ZCZP instruments are associated with the Social Stock Exchange segment; holders of PBTZCZP-SE will be unable to trade this security on NSE from March 27, 2026 onwards. Broader market impact is limited given the niche nature of ZCZP securities.
Impact Justification
Suspension of a specific ZCZP security affects only investors holding this instrument; limited broader market impact but significant for direct stakeholders.