Description

BSE suspends trading in commercial papers of 24 companies due to redemption record dates on August 25-27, 2025.

Summary

BSE has suspended trading in commercial papers of 24 companies effective from August 25-27, 2025, due to fixed record dates for redemption purposes. Trading members are advised not to deal in these commercial papers during the suspension period.

Key Points

  • 24 companies have fixed record dates for commercial paper redemption
  • Trading suspension begins from respective record dates (August 25-27, 2025)
  • All affected instruments are commercial papers in the debt segment
  • Notice references DR-701/2025-2026 and DR-702/2025-2026 for different batches

Regulatory Changes

No regulatory changes - standard procedure for commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the mentioned dates
  • Adherence to record date requirements for redemption processing
  • Follow standard debt segment trading suspension protocols

Important Dates

  • August 25, 2025: Record date and trading suspension for 17 companies
  • August 26, 2025: Trading suspension for 6 companies with August 26-27 record dates
  • August 27, 2025: Record date for Infina Finance Private Limited

Impact Assessment

Moderate impact limited to debt segment participants dealing in commercial papers. Affects liquidity in these specific instruments during redemption period. No impact on equity trading or broader market operations.

Impact Justification

Affects multiple commercial paper instruments but limited to debt segment trading