Description
BSE suspends trading in commercial paper of 10 companies due to upcoming redemption record dates on August 8 and 12, 2025.
Summary
BSE has suspended trading in commercial paper of 10 companies due to upcoming record dates for redemption purposes. The suspension affects companies with record dates on August 8 and 12, 2025.
Key Points
- Trading suspension applies to commercial paper only, not equity shares
- 10 companies affected with specific ISIN codes provided
- Record dates: August 8, 2025 (1 company) and August 12, 2025 (9 companies)
- Trading members advised not to deal in these commercial papers from respective record dates
- All suspensions are for commercial paper redemption purposes
Regulatory Changes
No regulatory changes - standard procedure for commercial paper redemption.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the respective record dates
- Compliance with record date requirements for commercial paper redemption
- Adherence to BSE debt segment trading rules
Important Dates
- August 8, 2025: Record date and no dealings from date for Standard Chartered Securities (India) Limited commercial paper
- August 12, 2025: Record date and no dealings from date for 9 companies’ commercial papers
- Notice Date: August 6, 2025
Impact Assessment
Market Impact: Limited to debt market segment, specifically commercial paper trading. No impact on equity markets or underlying company operations.
Operational Impact: Trading members need to ensure compliance with suspension orders. Investors holding these commercial papers will receive redemption proceeds as per terms.
Duration: Temporary suspension until redemption completion for each respective commercial paper issue.
Impact Justification
Affects trading in commercial paper of 10 companies but limited to specific debt instruments with short-term impact