Description
BSE suspends trading in Nexus Select Trust commercial paper effective August 7, 2025 due to maturity on redemption date.
Summary
BSE has suspended trading in commercial paper of Nexus Select Trust (Scrip Code: 729368, ISIN: INE0NDH14064) effective August 7, 2025, due to the instrument reaching its maturity/redemption date.
Key Points
- Commercial paper NST-8-8-25-CP will mature on the redemption date
- Trading suspension effective from August 7, 2025
- Trading members advised not to deal in the specified commercial paper
- Notice reference: DR-690/2025-2026
Regulatory Changes
No regulatory changes - routine operational suspension due to instrument maturity.
Compliance Requirements
- Trading members must cease all dealings in the specified commercial paper from August 7, 2025
- Trading members must take note of the suspension
Important Dates
- August 6, 2025: Notice date
- August 7, 2025: Trading suspension effective date
- Maturity Date: Commercial paper reaches redemption
Impact Assessment
Minimal market impact as this is a routine suspension due to natural maturity of a single commercial paper instrument. Only affects holders and potential traders of this specific Nexus Select Trust commercial paper.
Impact Justification
Routine suspension due to maturity of single commercial paper instrument