Description
BSE suspends trading in commercial papers of BHEL, BCML, and HDFC Securities due to upcoming redemptions from September 1-4, 2025.
Summary
BSE has suspended trading in commercial papers of five securities from three companies - Bharat Heavy Electricals Ltd. (BHEL), Balrampur Chini Mills Ltd. (BCML), and HDFC Securities Limited (HSL) - due to upcoming redemptions scheduled between September 1-4, 2025.
Key Points
- Trading suspension applies to 5 commercial paper securities from 3 companies
- All suspensions are due to redemption of commercial papers
- Record dates set between September 1-4, 2025
- Trading members advised not to deal in these securities from respective record dates
- Notice categorized under Corporate Actions in Debt segment
Regulatory Changes
No regulatory changes - this is a routine operational notice for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from their respective record dates
- Compliance with redemption schedules as per company announcements
Important Dates
- September 1, 2025: BHEL-2-9-25-CP (INE257A14979) - Record date and no dealings from
- September 2, 2025: BCML-3-9-25-CP (INE119A14823) - Record date and no dealings from
- September 3, 2025: BHEL-4-9-25-CP (INE257A14987) - Record date and no dealings from
- September 4, 2025: BHEL-8-9-25-CP (INE257A14995) and HSL-8-9-25-CP (INE700G14OQ4) - Record date and no dealings from
Impact Assessment
Limited market impact as this affects only commercial paper securities nearing maturity. Temporary suspension ensures orderly redemption process. No impact on underlying equity securities of the companies. Standard procedure for debt instrument redemptions.
Impact Justification
Routine commercial paper redemptions affecting multiple companies with temporary trading suspensions