Description
NSE notifies listing of ZCZP (Zero Coupon Zero Principal) instruments of Friends Union for Energising Lives (FUEL) on the Capital Market segment effective March 30, 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 Friends Union for Energising Lives (FUEL) on the Capital Market segment of the National Stock Exchange, effective March 30, 2026. The securities carry 0% coupon and will not be traded on the Exchange.
Key Points
- ZCZP instruments of FUEL listed on NSE Capital Market segment from March 30, 2026
- Symbol: FUZCZP-SE, Series: N0
- Total securities: 9,829,403 units
- ISIN: INS21BF12019
- Maturity Date: May 31, 2030
- Securities will NOT be traded on the Exchange
- Registrar: Bigshare Services Private Limited, Mumbai
Regulatory Changes
No regulatory changes. This is a standard listing notification under NSE’s Capital Market segment listing framework for ZCZP instruments.
Compliance Requirements
- Members are informed of the designated security codes (Symbol: FUZCZP-SE, Series: N0) for system identification purposes
- Securities are listed for identification only; no trading activity is permitted on the Exchange
Important Dates
- Circular Date: March 27, 2026
- Effective Listing Date: March 30, 2026
- Maturity Date: May 31, 2030
Impact Assessment
Minimal market impact as the ZCZP instruments of FUEL are listed on NSE for record/identification purposes only and are explicitly non-tradeable. FUEL is a social sector entity (NGO/non-profit) based in Pune. The listing affects only the 9,829,403 ZCZP instrument holders. No trading implications for exchange members or broader market participants.
Impact Justification
Routine listing of ZCZP instruments for a social sector entity (FUEL). Securities are non-tradeable on the Exchange, limiting market impact. Relevant only to direct investors in FUEL's ZCZP instruments.