Description

NSE suspends trading in two Non-Convertible Debentures of Motilal Oswal Financial Services Limited effective April 24, 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 two Non-Convertible Debentures (NCDs) issued by Motilal Oswal Financial Services Limited. The suspension is effective April 24, 2026, and is triggered by the maturity of both instruments.

Key Points

  • Two NCDs of Motilal Oswal Financial Services Limited will be suspended from trading effective April 24, 2026.
  • Symbol 885MOFSL26 (ISIN: INE338I07131) is suspended due to maturity.
  • Symbol 0MOFSL26 (ISIN: INE338I07156) is suspended due to maturity.
  • Circular issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A.
  • Circular reference: NSE/CML/73825, Circular Ref. No. 0655/2026.

Regulatory Changes

No new regulatory changes introduced. The suspension is executed under the existing framework of Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations Part A, which governs suspension of securities upon specified events such as maturity.

Compliance Requirements

  • All NSE members are notified to cease trading in the mentioned NCD symbols (885MOFSL26 and 0MOFSL26) from April 24, 2026.
  • Members holding or facilitating trades in these instruments must ensure no transactions are executed on or after the effective date.

Important Dates

  • Circular Date: April 21, 2026
  • Suspension Effective Date: April 24, 2026

Impact Assessment

This is a routine, expected event as the two NCDs have reached their maturity dates. Investors holding these debentures will no longer be able to trade them on NSE from April 24, 2026. The impact is limited to existing holders of these specific instruments. Settlement and redemption processes for matured NCDs will follow standard procedures. No broader market disruption is anticipated.

Impact Justification

Routine suspension of two NCD instruments upon maturity; affects existing NCD holders but is a standard lifecycle event with no broader market disruption.