NSE has notified the suspension of trading in Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight (Symbol: SDL26BEES, ISIN: INF204KC1022) effective April 28, 2026. The suspension is due to the maturity of the ETF, which is a target-maturity debt ETF investing in State Development Loans (SDLs) maturing in April 2026.

Key Points

• Trading in SDL26BEES will be suspended with effect from April 28, 2026
• The suspension is triggered by the maturity of the underlying ETF portfolio
• The ETF is managed by Nippon Life India Asset Management Limited
• ISIN: INF204KC1022, Series: EQ
• Circular issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A

Regulatory Changes

No new regulatory framework is introduced. The suspension is effected under the existing Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which governs suspension of securities from trading.

Compliance Requirements

• NSE members are notified to update their systems and inform clients accordingly
• Holders of SDL26BEES units should note the last trading date and plan their positions before April 28, 2026
• The AMC (Nippon Life India Asset Management) will handle redemption proceeds as per the fund’s maturity process

Important Dates

• Circular Date: April 24, 2026
• Effective Date of Suspension: April 28, 2026 (last trading day is April 25, 2026)

Impact Assessment

This is a routine, expected event for a target-maturity debt ETF. Investors holding SDL26BEES on the exchange must exit their positions by April 25, 2026 (the last trading session before suspension). Post-maturity, unitholders will receive redemption proceeds directly from the fund house as per the ETF’s maturity terms. There is no systemic market risk; impact is limited to existing unitholders of this specific ETF.