Description
Trading suspended in commercial paper of two companies due to record date for redemption purposes effective August 26, 2025.
Summary
BSE has suspended trading in commercial paper of Adani Enterprises Ltd. and Kotak Mahindra Investments Limited effective August 26, 2025, due to record date fixation for redemption purposes.
Key Points
- Trading suspension affects commercial paper of two companies
- Record date fixed as August 26, 2025 for redemption purposes
- No dealings allowed from August 26, 2025
- Both companies’ commercial paper will be redeemed
Important Dates
- Record Date: August 26, 2025
- No Dealings From: August 26, 2025
- Notice Date: August 25, 2025
Affected Securities
Adani Enterprises Ltd.
- Code: AEL-27-8-25-CP
- ISIN: INE423A14XO2 (729507)
- Purpose: Redemption of Commercial Paper
Kotak Mahindra Investments Limited
- Code: KMIL-28-8-25-CP
- ISIN: INE975F14B83 (730066)
- Purpose: Redemption of Commercial Paper
Compliance Requirements
- Trading members advised not to deal in the mentioned commercial paper from August 26, 2025
- Companies have fixed record date for commercial paper redemption
Impact Assessment
Routine suspension for commercial paper redemption with minimal market impact. Standard procedure for debt instrument maturity management.
Impact Justification
Routine trading suspension for commercial paper redemption affecting two major companies