Description
BSE suspends trading in commercial papers of 20 companies due to upcoming redemption record dates between August 19-24, 2025.
Summary
BSE has suspended trading in commercial papers of 20 companies due to fixed record dates for redemption purposes. The suspensions are effective from August 19-24, 2025, with record dates falling between August 19-24, 2025.
Key Points
- 20 companies have fixed record dates for commercial paper redemption
- Trading suspensions range from August 19-24, 2025
- First suspension affects Standard Chartered Securities (India) Limited on August 19
- Majority of suspensions (14 companies) effective August 21, 2025
- Additional suspensions on August 22 and 24, 2025
- All suspensions are routine redemption-related actions
Regulatory Changes
No regulatory changes introduced. This is standard procedure for commercial paper redemptions.
Compliance Requirements
- Trading members advised not to deal in the specified commercial papers from suspension dates
- All affected commercial papers listed with specific codes and ISIN numbers
- Compliance with redemption record date requirements mandatory
Important Dates
- August 19, 2025: Record date and suspension for Standard Chartered Securities
- August 21, 2025: Record date for 13 companies, suspension effective same date
- August 22, 2025: Record date and suspension for 5 companies
- August 24, 2025: Record dates for Navi Finserv and Titan Company
Impact Assessment
Routine commercial paper redemptions affecting debt market liquidity temporarily. Impact limited to specific instruments and companies listed. No broader market implications expected as these are scheduled redemptions following standard procedures.
Impact Justification
Affects 20 companies' commercial paper trading but is routine redemption process