Description
BSE suspends trading in commercial papers of 10 companies due to upcoming redemption with record dates between August 8-11, 2025.
Summary
BSE has suspended trading in commercial papers of 10 companies effective from their respective record dates due to upcoming redemptions. The suspensions are scheduled between August 8-11, 2025, with trading members advised not to deal in these instruments.
Key Points
- Trading suspension affects 10 commercial paper issues from different companies
- Record dates range from August 8 to August 11, 2025
- All suspensions are for redemption purposes
- Trading members must cease dealing from the specified dates
- Reference numbers DR-691/2025-2026 and DR-692/2025-2026 assigned
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 their respective no-dealing dates
- Compliance with redemption record date requirements
- Adherence to BSE corporate actions guidelines
Important Dates
- August 8, 2025: Record date and no-dealing start for Julius Baer Capital, Kotak Mahindra Investments, HDFC Securities (first issue), and Sify Infinit Spaces
- August 10, 2025: Record date for Sify Infinit Spaces Limited
- August 11, 2025: Record date and no-dealing start for HDFC Securities (second issue), Motilal Oswal Finvest, 360 ONE WAM, Bajaj Financial Securities, Axis Securities, and Dhampur Bio Organics
Impact Assessment
Routine market operation with limited impact on overall trading. Affects specific debt market participants and investors holding these commercial papers. No broader market implications expected as this follows standard redemption procedures.
Impact Justification
Routine commercial paper redemption affecting multiple debt instruments with specific trading restrictions