Description
NSE notifies suspension of trading in four Non-Convertible Debentures of Sammaan Finserve Limited effective April 10, 2026, due to maturity of the securities.
Summary
NSE has issued a circular under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, notifying the suspension of trading in four Non-Convertible Debentures (NCDs) issued by Sammaan Finserve Limited. The suspension is effective April 10, 2026, and is triggered by the maturity of these debt instruments.
Key Points
- Four NCD series of Sammaan Finserve Limited will be suspended from trading effective April 10, 2026.
- All four securities are being suspended due to maturity.
- The circular is issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A.
- Circular reference number is 0594/2026, download ref NSE/CML/73655.
Regulatory Changes
No new regulatory changes introduced. This circular is a standard operational notification under existing Regulation 3.1.2 of NSE (Capital Market) Trading Regulations Part A, which governs suspension of securities upon maturity or other qualifying events.
Compliance Requirements
- Trading members must cease trading in the four listed NCD symbols (1025SFIL26, 98SFIL26, 1050SFIL28, 957SFIL28) with effect from April 10, 2026.
- No further action is required from investors beyond noting the suspension; redemption proceeds will be settled as per the terms of each debenture series.
Important Dates
- Circular Date: April 08, 2026
- Suspension Effective Date: April 10, 2026
Impact Assessment
The suspension affects four NCD series of Sammaan Finserve Limited as follows:
| Sr. No. | Symbol | ISIN | Reason |
|---|---|---|---|
| 1 | 1025SFIL26 | INE244L07507 | Maturity |
| 2 | 98SFIL26 | INE244L07499 | Maturity |
| 3 | 1050SFIL28 | INE244L07531 | Maturity |
| 4 | 957SFIL28 | INE244L07549 | Maturity |
This is a routine end-of-lifecycle event for these debt instruments. Holders of these NCDs should expect redemption of principal and final interest payments per the respective debenture terms. There is no adverse market impact; the suspension is a standard procedural step upon instrument maturity.
Impact Justification
Routine suspension of four NCD instruments upon maturity; affects holders of these specific debentures but is an expected lifecycle event with no broader market disruption.