Description
NSE notifies suspension of trading in six Non-Convertible Debentures (NCDs) of Sammaan Capital Limited effective May 18, 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 six Non-Convertible Debentures (NCDs) issued by Sammaan Capital Limited. The suspension is effective from May 18, 2026, and is triggered by the maturity of these debt instruments.
Key Points
- Six NCDs of Sammaan Capital Limited are being suspended from trading effective May 18, 2026
- The reason for suspension is maturity of each of the listed securities
- The circular is issued under Regulation 3.1.2 of NSE (Capital Market) Trading Regulations Part A
- Circular reference: NSE/CML/74248, Circular Ref. No: 0792/2026
- Issued by Ruchi Jaiswal, Manager, NSE Listing Department
Regulatory Changes
No new regulatory changes are introduced. The suspension is a routine action under existing Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which governs the suspension of securities upon maturity or other qualifying events.
Compliance Requirements
- All NSE members are notified to cease trading in the six listed NCD symbols from May 18, 2026
- Members should update their systems to reflect the suspension of these securities
- No additional compliance action is required beyond awareness and system updates
Important Dates
- Circular Date: May 15, 2026
- Suspension Effective Date: May 18, 2026
Impact Assessment
| Sr. No. | Symbol | ISIN | Reason |
|---|---|---|---|
| 1 | 965SCL26A | INE148I07TE1 | Maturity |
| 2 | SCFL310524 | INE148I07TB7 | Maturity |
| 3 | 925SCL26D | INE148I07TC5 | Maturity |
| 4 | 888SCL26A | INE148I07TD3 | Maturity |
| 5 | 925SCL26C | INE148I07SZ8 | Maturity |
| 6 | SCL310524 | INE148I07TA9 | Maturity |
This is a standard maturity-driven suspension event with limited broader market impact. Holders of these NCDs should expect trading to cease on May 18, 2026, and should coordinate with their brokers or depositories for redemption proceeds as per the terms of the respective instruments. No adverse credit event is implied; the suspension reflects normal debt lifecycle completion.
Impact Justification
Routine suspension of six NCDs of Sammaan Capital Limited upon maturity; affects existing NCD holders but is a standard lifecycle event with no broader market implications.