Description

NSE notifies suspension of trading in privately placed non-convertible securities of Indian Railway Finance Corporation Limited (ISIN: INE053F08288) effective April 1, 2026, due to redemption.

Summary

NSE’s Listing Department has issued a circular (Ref No: NSE/CML/73538, Circular Ref. No: 0554/2026) notifying the suspension of trading in a privately placed non-convertible security issued by Indian Railway Finance Corporation Limited. The suspension is effective April 1, 2026, and is triggered by the upcoming redemption of the security.

Key Points

  • Trading in ISIN INE053F08288 (Indian Railway Finance Corporation Limited) will be suspended from April 1, 2026.
  • The suspension is pursuant to Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A.
  • The reason for suspension is redemption of the security.
  • This applies to all NSE members dealing in the debt market segment.

Regulatory Changes

No new regulatory changes are introduced. The suspension is executed under the existing framework of Regulation 3.1.2 of the NSE Debt Market (Trading) Regulations Part A, which governs the suspension of trading in debt securities upon events such as redemption.

Compliance Requirements

  • All NSE members must cease trading in ISIN INE053F08288 with effect from April 1, 2026.
  • Members should update their systems and inform relevant clients holding or intending to trade this security about the suspension.

Important Dates

  • Circular Date: March 30, 2026
  • Suspension Effective Date: April 1, 2026
  • Original Suspension Date Listed: March 13, 2026 (referenced internally in the circular)

Impact Assessment

The impact is limited and routine. The suspension affects only holders and traders of ISIN INE053F08288 (Indian Railway Finance Corporation Limited privately placed non-convertible security). Since the suspension is due to redemption, investors will receive repayment of principal as per the terms of the security. There is no adverse credit event involved. Members should ensure no new trades are executed in this ISIN from April 1, 2026 onward.

Impact Justification

Routine suspension of a single debt security due to scheduled redemption; affects holders of this specific IRFC bond but has no broader market-wide implications.