Description
BSE suspends trading in commercial papers of 10 companies due to upcoming redemption with record dates between August 8-12, 2025.
Summary
BSE has suspended trading in commercial papers of 10 companies effective from their respective record dates due to upcoming redemption. The suspension affects companies including Standard Chartered Securities, Infina Finance, Mirae Asset Financial Services, and others with record dates ranging from August 8 to August 12, 2025.
Key Points
- Trading suspension applies to commercial papers of 10 different companies
- Record dates set for redemption purposes between August 8-12, 2025
- Trading members advised not to deal in these commercial papers from respective record dates
- All suspensions are for redemption of commercial paper instruments
- Notice issued under Corporate Actions category for Debt segment
Regulatory Changes
No new regulatory changes introduced. This is a routine operational notice for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from their respective record dates
- Compliance with redemption procedures as per existing regulations
- Adherence to corporate action timelines
Important Dates
- August 8, 2025: Record date and no dealings from date for Standard Chartered Securities commercial paper
- August 12, 2025: Record date and no dealings from date for remaining 9 companies’ commercial papers
- Notice Date: August 6, 2025
Impact Assessment
Limited impact as this affects only the debt segment commercial paper market. The suspension is temporary and routine for redemption purposes. Trading members and investors holding these instruments should prepare for redemption procedures. No impact on equity markets or broader trading operations.
Impact Justification
Routine trading suspension for commercial paper redemption affecting multiple companies but limited to debt segment