Apollo-Tyres - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/apollo-tyres/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usMon, 13 Apr 2026 00:00:00 +0000Suspension of Trading in Non-Convertible Securities - Apollo Tyres and SMFG India Credithttps://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-13-ddd015bc14d36c07-suspension-of-trading-in-non-convertible-securities-privately-placed/Mon, 13 Apr 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-13-ddd015bc14d36c07-suspension-of-trading-in-non-convertible-securities-privately-placed/NSE notifies suspension of trading in privately placed non-convertible securities of Apollo Tyres Limited and SMFG India Credit Company Limited effective April 15, 2026, due to redemption.nsetradingmediummediummediumddd015bc14d36c07https://nsearchives.nseindia.com/content/circulars/CML73730.pdfAPOLLOTYRESMFGINDIACREDITnon-convertible-securitiestrading-suspensiondebt-marketredemptionprivately-placedapollo-tyressmfg-india-creditSummary

NSE’s Listing Department has issued a circular (Ref. No. 0619/2026) notifying the suspension of trading in two privately placed Non-Convertible Securities on the NSE Debt Market. The suspension applies to securities issued by Apollo Tyres Limited and SMFG India Credit Company Limited, effective April 15, 2026, pursuant to Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A. The reason for suspension in both cases is redemption.

Key Points

  • Two privately placed Non-Convertible Securities (NCS) are being suspended from trading on the NSE Debt Market.
  • Apollo Tyres Limited (ISIN: INE438A07102) — suspended from April 15, 2026 due to redemption.
  • SMFG India Credit Company Limited (ISIN: INE535H08694) — suspended from April 15, 2026 due to redemption.
  • Suspension is invoked under Regulation 3.1.2 of NSE Debt Market (Trading) Regulations Part A.
  • Both suspensions are effective on the same date, April 15, 2026.

Regulatory Changes

No new regulatory changes are introduced. The suspension is carried out in accordance with the existing framework under Regulation 3.1.2 of the National Stock Exchange Debt Market (Trading) Regulations Part A, which provides for the suspension of NCS instruments upon redemption or other specified events.

Compliance Requirements

  • All NSE members dealing in the debt market segment should take note of the suspension and ensure no trades are executed in the mentioned ISINs on or after April 15, 2026.
  • Members should inform their clients holding these securities about the impending suspension and redemption.
  • No action is required from equity market participants as this pertains solely to the debt market segment.

Important Dates

  • April 13, 2026 — Circular issued by NSE.
  • April 15, 2026 — Effective date of trading suspension for both securities (INE438A07102 and INE535H08694).

Impact Assessment

The impact is limited to debt market participants holding the specific NCS instruments of Apollo Tyres Limited and SMFG India Credit Company Limited. As both suspensions are triggered by redemption, holders of these securities will receive redemption proceeds as per the terms of the respective instruments. There is no impact on the equity trading of these companies. This is a routine operational action and does not signal any credit or financial distress for the issuers.

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