Description
BSE suspends trading in commercial papers of 24 companies due to upcoming redemptions on September 10-11, 2025.
Summary
BSE has suspended trading in commercial papers of 24 companies effective September 10-11, 2025, due to upcoming redemptions. The suspension affects major companies including Reliance, HDFC, Bajaj, Adani, and Tata Steel among others.
Key Points
- Trading suspension applies to commercial papers only, not equity shares
- 14 companies have record date of September 10, 2025
- 10 companies have record date of September 11, 2025
- All suspensions are for redemption of commercial paper
- Notice references DR-712/2025-2026 and DR-713/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notice for commercial paper redemptions.
Compliance Requirements
- Trading members advised not to deal in the specified commercial papers
- Suspension effective from respective record dates
- Companies must complete redemption process as scheduled
Important Dates
- September 10, 2025: Record date and trading suspension for 14 companies
- September 11, 2025: Record date and trading suspension for 10 companies
Impact Assessment
Limited impact on overall market as suspension affects only commercial paper instruments. Major companies like Reliance Jio, HDFC Securities, Bajaj Financial, and Adani Ports are included, but their equity trading remains unaffected. Debt market participants should plan liquidity accordingly for the affected instruments.
Impact Justification
Affects multiple major companies' commercial paper trading but limited to debt instruments only