Description
BSE suspends trading in commercial papers of 14 companies due to upcoming redemptions with record date August 14, 2025.
Summary
BSE has suspended trading in commercial papers of 14 companies effective August 14, 2025, due to upcoming redemptions. All companies have fixed August 14, 2025 as the record date for commercial paper redemption purposes. Trading members are advised not to deal in these securities from the suspension date.
Key Points
- 14 companies affected by trading suspension
- All suspensions effective from August 14, 2025
- Uniform record date of August 14, 2025 for all companies
- Reference number DR-695/2025-2026 for all notices
- Companies span various sectors including financial services, cement, petroleum, and telecommunications
Regulatory Changes
No new regulatory changes introduced - this is a standard operational measure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from August 14, 2025
- No trading activities permitted until redemption process is completed
- Members must ensure compliance with suspension orders
Important Dates
- Record Date: August 14, 2025 (all companies)
- No Dealings From: August 14, 2025 (all companies)
- Notice Date: August 13, 2025
Impact Assessment
Moderate impact on debt market trading as 14 commercial paper instruments will be temporarily unavailable for trading. This is a routine operational measure that ensures proper redemption process execution. Impact is limited to specific debt securities and does not affect broader market operations or equity trading.
Impact Justification
Affects 14 companies' commercial paper trading but is routine operational measure for redemption process