Description
NSE notifies suspension of trading in ICICI Bank Limited's privately placed non-convertible securities (ISIN: INE090A08TT8) effective April 28, 2026, due to redemption.
Summary
NSE has issued a circular (Ref. No. 0688/2026) under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, notifying the suspension of trading in a privately placed Non-Convertible Security issued by ICICI Bank Limited. The suspension takes effect on April 28, 2026, coinciding with the instrument’s redemption date.
Key Points
- ICICI Bank Limited’s NCS with ISIN INE090A08TT8 will be suspended from trading effective April 28, 2026
- Reason for suspension is redemption of the instrument
- Circular issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
- Download Ref No: NSE/CML/73896; Circular Ref No: 0688/2026
- Issued by Priyam Mehta, Manager, NSE
Regulatory Changes
No new regulatory changes introduced. The suspension is a standard procedural action under the existing framework of NSE Debt Market (Trading) Regulations Part A, Regulation 3.1.2, which governs suspension of debt securities upon maturity or redemption.
Compliance Requirements
- All NSE members dealing in debt securities must cease trading in ISIN INE090A08TT8 (ICICI Bank Limited) from April 28, 2026 onwards
- Members should update their systems and inform relevant clients holding this security about the impending suspension and redemption
Important Dates
- April 27, 2026: Circular issued
- April 28, 2026: Suspension of trading effective; redemption date for ISIN INE090A08TT8
Impact Assessment
The impact is limited to holders of ICICI Bank Limited’s specific NCS instrument (INE090A08TT8). Investors holding this security should expect redemption proceeds on April 28, 2026, and must not attempt further secondary market trades post-suspension. There is no broader impact on ICICI Bank equity, other debt instruments, or overall market operations. This is a routine end-of-life action for a privately placed debt instrument.
Impact Justification
Routine suspension of a single NCS instrument due to scheduled redemption; operationally significant for holders of the specific ISIN but does not affect equity or broader market operations.