Description
BSE announces suspension of trading in Commercial Paper for three companies ahead of their redemption record dates.
Summary
BSE has announced the suspension of trading in Commercial Paper for three companies - Can Fin Homes Ltd., SBICAP Securities Limited, and Titan Company Limited - due to upcoming redemption record dates. Trading members are advised not to deal in these Commercial Papers effective September 4, 2025.
Key Points
- Trading suspension applies to Commercial Paper of three companies
- Suspension effective from September 4, 2025 for all three issuers
- Record dates range from September 4-7, 2025 for redemption purposes
- Reference number DR-708/2025-2026 for all suspensions
Regulatory Changes
No regulatory changes announced. This is a routine operational notice for Commercial Paper redemption procedures.
Compliance Requirements
- Trading members must not deal in the specified Commercial Papers from September 4, 2025
- Members must ensure compliance with the trading suspension until redemption is complete
- All trades in these securities must cease before the specified no-dealing date
Important Dates
- Can Fin Homes Ltd. (CFHL-8-9-25-CP): Record Date - September 4, 2025; No dealings from September 4, 2025
- SBICAP Securities Limited (SBICAPSL-08-09-25-CP): Record Date - September 5, 2025; No dealings from September 4, 2025
- Titan Company Limited (TCL-8-9-25-CP): Record Date - September 7, 2025; No dealings from September 4, 2025
Impact Assessment
Moderate operational impact limited to holders and potential traders of the specified Commercial Papers. The suspension is a standard procedure for Commercial Paper redemption and will temporarily restrict trading in these debt instruments. Market participants holding these securities should prepare for redemption on the respective record dates.
Impact Justification
Routine trading suspension for CP redemption affecting three issuers with immediate effect