Description
BSE suspends trading in commercial paper of 14 companies from August 14, 2025 due to record date fixation for redemption purposes.
Summary
BSE has suspended trading in commercial paper of 14 companies effective August 14, 2025, due to the companies fixing record dates for redemption purposes. The suspension affects commercial papers across various sectors including financial services, cement, petroleum, and telecommunications.
Key Points
- Trading suspension effective from August 14, 2025 for all listed commercial papers
- 14 companies affected with record dates primarily set for August 14 and 17, 2025
- All suspensions are for redemption of commercial paper purposes
- Trading members advised not to deal in the specified commercial papers
- Reference number: DR-695/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a routine operational measure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the suspension date
- Companies must adhere to their fixed record dates for redemption
- Standard redemption procedures to be followed as per debt segment regulations
Important Dates
- August 13, 2025: Notice date
- August 14, 2025: Trading suspension effective date for 13 companies
- August 14, 2025: Record date for most companies
- August 17, 2025: Record date for Electronica Finance Limited
Impact Assessment
Market Impact: Medium - affects debt segment liquidity for specific commercial papers but represents normal redemption cycle. Operational Impact: Low - routine suspension with clear timelines and standard procedures. Investor Impact: Medium - holders of these commercial papers should expect redemption as per terms, no trading opportunity during suspension period.
Impact Justification
Routine suspension affecting multiple commercial papers but limited to debt segment with clear redemption timeline