Description
Trading suspended for 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
- Two companies have fixed record date for commercial paper redemption
- Trading members advised not to deal in these commercial papers
- Suspension effective from August 26, 2025
- Both companies have same record date and suspension date
Regulatory Changes
No regulatory changes - routine operational suspension.
Compliance Requirements
- Trading members must not deal in the specified commercial paper from August 26, 2025
- Compliance with record date requirements for redemption process
Important Dates
- Record Date: August 26, 2025 (both companies)
- Trading Suspension Date: August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
Minimal market impact as this affects only specific commercial paper instruments of two companies. Standard procedural suspension for redemption purposes with no broader market implications.
Impact Justification
Routine suspension for commercial paper redemption affecting only specific debt instruments