Description
BSE announces suspension of trading in commercial papers of 25 companies due to redemption record dates between August 26-September 1, 2025.
Summary
BSE has announced the suspension of trading in commercial papers of 25 companies due to their fixed record dates for redemption purposes. Trading members are advised not to deal in these commercial papers from the specified dates.
Key Points
- 25 companies have fixed record dates for commercial paper redemption
- Trading suspension applies to debt segment commercial papers
- Suspension dates range from August 26 to September 1, 2025
- Multiple companies have the same record dates (bulk redemptions on Aug 28 and Sep 1)
Regulatory Changes
No new regulatory changes introduced - this is standard procedure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the “No Dealings From” dates
- Companies must honor redemption obligations on their respective record dates
Important Dates
- August 26, 2025: No dealings for SBICAP Securities and Birla Corporation commercial papers
- August 28, 2025: No dealings for 12 companies’ commercial papers (record date Aug 28)
- August 29, 2025: No dealings for 4 companies’ commercial papers (record date Aug 29)
- September 1, 2025: No dealings for 7 companies’ commercial papers (record date Sep 1)
Impact Assessment
Moderate impact on debt securities market liquidity as 25 commercial papers will be suspended from trading. This is routine market activity for maturing debt instruments and indicates healthy redemption cycle in the commercial paper market.
Impact Justification
Affects 25 companies' commercial paper trading but is routine redemption process