Description
NSE notifies suspension of trading in privately placed non-convertible securities of NTPC Limited, LIC Housing Finance Limited, and Sammaan Capital Limited effective May 4, 2026, due to redemption.
Summary
NSE has notified the suspension of trading in three privately placed non-convertible securities under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A. The securities issued by NTPC Limited, LIC Housing Finance Limited, and Sammaan Capital Limited will be suspended from trading effective May 4, 2026, due to scheduled redemption.
Key Points
- Three non-convertible securities are being suspended from trading on the NSE debt market
- All suspensions are effective from May 4, 2026
- The reason for suspension in all three cases is redemption of the securities
- Circular issued under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A
- Ref No: NSE/CML/74014, Circular Ref. No: 0720/2026
Regulatory Changes
No new regulatory changes introduced. This circular is issued in pursuance of existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which governs suspension of trading in debt securities.
Compliance Requirements
- All NSE members must cease trading in the specified ISINs from the suspension date
- Members should inform their clients holding these securities about the upcoming trading suspension
- No trading permitted in INE733E07IF9 (NTPC), INE115A07PF2 (LIC Housing Finance), and INE148I07EO2 (Sammaan Capital) from May 4, 2026
Important Dates
- April 30, 2026: Circular issued
- May 4, 2026: Trading suspension effective date for all three securities
| Sr. No. | Company Name | ISIN | Suspension Date | Reason |
|---|---|---|---|---|
| 1 | NTPC Limited | INE733E07IF9 | 04-May-2026 | Redemption |
| 2 | LIC Housing Finance Limited | INE115A07PF2 | 04-May-2026 | Redemption |
| 3 | Sammaan Capital Limited | INE148I07EO2 | 04-May-2026 | Redemption |
Impact Assessment
This is a routine administrative action affecting holders of these specific non-convertible security ISINs. Investors holding these bonds will be unable to sell them on NSE after May 4, 2026, and should plan accordingly before the suspension date. The redemption of these securities is a normal part of the debt instrument lifecycle. The impact is limited to holders of these specific ISINs and does not affect the equity shares of NTPC, LIC Housing Finance, or Sammaan Capital.
Impact Justification
Routine trading suspension for three non-convertible securities upon upcoming redemption dates; affects specific ISIN holders but is a standard debt market lifecycle event.