Description
Trading suspended for commercial paper of 14 companies including Adani Enterprises, Reliance Jio, and others due to redemption record dates on September 11-12, 2025.
Summary
BSE has suspended trading in commercial paper of 14 companies effective September 11-12, 2025, due to fixed record dates for redemption purposes. Trading members are advised not to deal in these instruments from the specified dates.
Key Points
- 14 companies have fixed record dates for commercial paper redemption
- Trading suspension effective from September 11-12, 2025
- No dealings permitted in affected commercial paper instruments
- Covers major companies across various sectors
Regulatory Changes
No permanent regulatory changes - temporary trading suspension due to corporate action (redemption) requirements.
Compliance Requirements
- Trading members must not deal in the specified commercial paper instruments from the suspension dates
- Compliance with record date requirements for redemption purposes
Important Dates
- September 11, 2025: Record date and trading suspension for Balrampur Chini Mills Ltd commercial paper
- September 12, 2025: Record date and trading suspension for 13 other companies’ commercial paper including Adani Enterprises, Reliance Jio Infocomm, Grasim Industries, and others
Impact Assessment
Moderate impact on debt market liquidity for affected commercial paper instruments. Temporary suspension allows for orderly redemption process. Major corporate issuers affected including Adani Group, Reliance, HDFC Securities, and other blue-chip companies, but impact limited to specific debt instruments rather than equity trading.
Impact Justification
Affects trading of 14 commercial paper instruments with moderate market impact due to temporary suspension