Description
NSE suspends trading in three series of Union Fixed Maturity Plan Sr 13 (1114D) units effective April 15, 2026, due to redemption. Trading suspension applies from April 13, 2026 closing hours.
Summary
NSE has notified the suspension of trading in three units of Union Mutual Fund - Union Fixed Maturity Plan Series 13 (1114D) on account of redemption. The suspension is effective from April 15, 2026, with the last trading day being April 13, 2026 (closing hours). This action is taken under Regulation 3.1.2 of the NSE Capital Market Trading Regulations Part A.
Key Points
- Three unit series of Union Fixed Maturity Plan Sr 13 (1114D) are being suspended from trading due to redemption
- Symbols affected: F13DG (DP-G series), F13RG (RP-G series), F13RP (RP-IDP series)
- All three carry ISIN codes under INF582M prefix and are listed under MF series
- Suspension is effective April 15, 2026; last trading in closing hours of April 13, 2026
- Circular issued under Regulation 3.1.2 of NSE (Capital Market) Trading Regulations Part A
Regulatory Changes
No new regulatory changes introduced. This circular is a routine operational notification under existing NSE Trading Regulations (Regulation 3.1.2, Part A) governing suspension of securities upon redemption.
Compliance Requirements
- All NSE members must note the suspension of the listed symbols (F13DG, F13RG, F13RP) effective April 15, 2026
- No trading should be executed in these units after closing hours of April 13, 2026
- Members should inform their clients holding these units of the impending redemption and trading suspension
Important Dates
- Circular Date: April 7, 2026
- Last Trading Day (Closing Hours): April 13, 2026
- Suspension Effective Date: April 15, 2026
Impact Assessment
Impact is limited to investors holding units of Union Fixed Maturity Plan Sr 13 (1114D) in the DP-G, RP-G, and RP-IDP series. As this is a maturity-driven redemption event, it is expected and orderly. Unitholders will receive redemption proceeds as per scheme terms. No broader market disruption is anticipated.
Impact Justification
Routine suspension of mutual fund units due to planned redemption at maturity; affects only holders of these three specific Union FMP series with a defined suspension date.