Description
BSE suspends trading in commercial papers of 5 companies from August 5, 2025 due to record date fixing for redemption purposes.
Summary
BSE has announced the suspension of trading in commercial papers of five companies effective August 5, 2025, due to record date fixing for redemption purposes. Trading members are advised not to deal in these securities from the specified date.
Key Points
- Five companies have fixed August 5, 2025 as record date for commercial paper redemption
- Trading suspension becomes effective from August 5, 2025
- All affected securities are commercial papers with specific ISIN codes
- Trading members must cease dealings in these securities from the suspension date
Regulatory Changes
No new regulatory changes introduced. This is a routine operational notice for commercial paper redemption process.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from August 5, 2025
- All trading activities in these securities must cease on the no-dealings date
- Members should ensure compliance with the trading suspension directive
Important Dates
- Record Date: August 5, 2025 (for all five companies)
- No Dealings From: August 5, 2025
- Notice Date: July 29, 2025
Impact Assessment
Limited market impact as this affects only commercial paper redemption process. The suspension is temporary and routine for debt securities reaching maturity. Investors holding these commercial papers will receive redemption proceeds as per the terms. No impact on equity trading or other debt securities of these companies.
Impact Justification
Routine trading suspension for commercial paper redemption affecting 5 companies