Description
BSE suspends trading in commercial paper of 14 companies due to redemption with record date August 14, 2025.
Summary
BSE has suspended trading in commercial paper of 14 companies effective August 14, 2025, due to redemption activities. All companies have fixed August 14, 2025 as the record date for commercial paper redemption purposes.
Key Points
- Trading suspension affects commercial paper of 14 companies
- All suspensions effective from August 14, 2025
- Suspensions are due to commercial paper redemption with record date August 14, 2025
- Trading members advised not to deal in the specified commercial paper instruments
- Notice reference: DR-695/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a routine suspension notice for commercial paper redemption activities.
Compliance Requirements
- Trading members must not deal in the specified commercial paper instruments from August 14, 2025
- All affected companies must comply with redemption procedures as per their commercial paper terms
Important Dates
- August 14, 2025: Record date for commercial paper redemption and effective date for trading suspension
- August 17, 2025: Record date for Electronica Finance Limited commercial paper redemption
Impact Assessment
Limited impact on broader market operations as this affects only commercial paper instruments of specific companies. Investors holding these instruments should expect redemption proceeds as per the terms of their commercial paper investments. No impact on equity trading or other debt instruments of these companies.
Impact Justification
Affects trading in debt instruments of 14 companies but limited to commercial paper redemption activity