Description
BSE announces suspension of trading in commercial papers of Can Fin Homes, SBICAP Securities, and Titan Company due to upcoming redemption record dates.
Summary
BSE has announced the suspension of trading in commercial papers of three companies - Can Fin Homes Ltd., SBICAP Securities Limited, and Titan Company Limited - due to record dates fixed for redemption purposes. Trading members are advised not to deal in these commercial papers effective September 4, 2025.
Key Points
- Trading suspension affects commercial papers of three companies scheduled for redemption
- All three suspensions become effective from September 4, 2025
- Record dates vary between September 4-7, 2025 depending on the issuer
- Reference number DR-708/2025-2026 applies to all three suspensions
Regulatory Changes
No regulatory changes announced. This is a standard operational procedure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from September 4, 2025
- Members should ensure their systems reflect the trading suspension
- Compliance with BSE Notice No. 20250902-6 is mandatory
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
The suspension affects trading in specific commercial papers only and does not impact equity trading or other debt instruments of these companies. This is a routine operational measure to facilitate smooth redemption processes. Market participants holding these commercial papers should note the record dates for redemption purposes.
Impact Justification
Regular operational suspension for redemption purposes affecting specific commercial papers