Description
Trading suspension notice for 15 commercial papers due to record date fixation for redemption purposes across various financial institutions.
Summary
BSE has announced the suspension of trading in commercial papers of 15 companies that have fixed record dates for redemption purposes. Trading members are advised not to deal in these commercial papers from their respective record dates.
Key Points
- 15 commercial papers from various companies will be suspended from trading
- Record dates range from August 5-6, 2025
- All suspensions are for commercial paper redemption purposes
- Trading suspensions effective from respective record dates
- Companies span across financial services, steel, housing finance, and other sectors
Regulatory Changes
No new regulatory changes introduced - standard procedure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the record dates
- Adherence to DR-688/2025-2026 and DR-689/2025-2026 directive references
Important Dates
- August 5, 2025: Record date and trading suspension for Can Fin Homes Ltd. and Balrampur Chini Mills Ltd. commercial papers
- August 6, 2025: Record date and trading suspension for 13 other commercial papers including Kotak Mahindra Prime, ICICI Securities, Tata Steel, and others
Impact Assessment
Medium impact on debt market operations as multiple commercial papers will be unavailable for trading. Affects liquidity in the commercial paper segment temporarily until redemption completion. Market participants should plan alternative investment strategies for the affected securities.
Impact Justification
Multiple commercial paper trading suspensions affecting debt market operations