Description

BSE suspends trading in commercial paper of 14 companies due to upcoming redemption with record date August 14, 2025.

Summary

BSE has suspended trading in commercial paper of 14 companies effective August 14, 2025, due to upcoming redemption. All companies have fixed August 14, 2025 as the record date for commercial paper redemption purposes.

Key Points

  • 14 companies’ commercial paper trading suspended from August 14, 2025
  • All suspensions relate to commercial paper redemption
  • Record date fixed as August 14, 2025 for all companies
  • Trading members advised not to deal in the specified commercial paper

Companies Affected

  • Axis Securities Limited (ASL-20-8-25-CP)
  • Electronica Finance Limited (EFL-18-8-25-CP) - Record date August 17, 2025
  • Godrej Finance Limited (GFL-18-8-25-CP)
  • OXYZO Financial Services Limited (OFSL-18-08-25-CP)
  • 360 ONE Prime Limited (OPL-18-8-25-CP)
  • Bajaj Financial Securities Limited (BFSL-18-8-25-CP)
  • J.K. Cement Ltd (JKCL-18-8-25-CP)
  • CNH Industrial Capital (India) Private Limited (CICPL-18-8-25-CP)
  • Poonawalla Fincorp Limited (PFL-18-8-25-CP)
  • Motilal Oswal Financial Services Limited (MOFSL-18-8-25-CP)
  • Nuvama Wealth Management Limited (NWML-18-08-25-CP)
  • Bajaj Housing Finance Limited (BHFL-18-8-25-CP)
  • Chennai Petroleum Corporation Ltd (CPCL-18-8-25-CP)
  • Reliance Jio Infocomm Limited (RJIL-18-8-25-CP)

Regulatory Changes

No new regulatory changes introduced. This is a routine corporate action notice for commercial paper redemption.

Compliance Requirements

Trading members must not deal in the commercial paper of the specified companies from the effective dates mentioned.

Important Dates

  • Record Date: August 14, 2025 (13 companies), August 17, 2025 (Electronica Finance Limited)
  • No Dealings From: August 14, 2025 for all companies
  • Notice Reference: DR-695/2025-2026

Impact Assessment

Routine market operation with limited impact. Affects debt market participants dealing in commercial paper of these companies. Normal redemption process with temporary trading suspension to facilitate corporate action.

Impact Justification

Routine trading suspension for commercial paper redemption affecting 14 companies with same record date