NSE has notified the suspension of trading in 7 privately placed Non-Convertible Securities (NCS) effective April 02, 2026, pursuant to Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A. All suspensions are due to redemption of the respective instruments on that date.

Key Points

• 7 non-convertible securities suspended from trading effective April 02, 2026
• All suspensions are due to redemption (maturity) of the respective instruments
• Circular issued under NSE Debt Market Trading Regulations Part A, Regulation 3.1.2
• Issuers include major public sector and private sector financial institutions
• Circular reference: NSE/CML/73605, Circular Ref. No. 0572/2026

Regulatory Changes

No new regulatory changes introduced. This circular is an operational notification issued in pursuance of existing Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which mandates notification of trading suspensions for redeemed securities.

Compliance Requirements

• All NSE members are notified to cease trading in the listed ISINs effective April 02, 2026
• Members holding or dealing in these securities must note the suspension and process redemption settlements accordingly
• No further trading is permissible in these instruments post suspension date

Important Dates

• April 02, 2026: Suspension date for all 7 non-convertible securities (also the redemption date)

Impact Assessment

The impact of this circular is limited to holders of the specific 7 debt instruments listed above. This is a routine lifecycle event — securities reaching maturity are redeemed and suspended from trading. Investors holding these instruments will receive redemption proceeds as per the terms of each security. No broader market disruption is expected. The involvement of large, reputable issuers (EXIM Bank, NTPC, IRFC, L&T Finance, Tata Capital) ensures orderly redemption. Market participants should update their systems to reflect the suspension of these ISINs.