Description
BSE suspends trading in commercial papers of 14 companies from September 11-12, 2025 due to record dates fixed for redemption purposes.
Summary
BSE has announced the suspension of trading in commercial papers of 14 companies effective September 11-12, 2025. These companies have fixed record dates for the redemption of their commercial papers, and trading members are advised not to deal in these instruments from the respective no-dealings dates.
Key Points
- 14 companies affected with commercial paper redemptions
- Trading suspension applies from record dates: September 11-12, 2025
- All suspensions are for redemption purposes
- Trading members advised to avoid dealing in specified commercial papers
- Notice categorized under Corporate Actions - Debt Segment
Regulatory Changes
No new regulatory framework changes. This is a standard operational procedure for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the no-dealings dates
- Adherence to record date requirements for redemption processes
- Compliance with corporate action procedures for debt instruments
Important Dates
- September 11, 2025: Record date and no-dealings start for Balrampur Chini Mills Ltd (BCML-12-9-25-CP)
- September 12, 2025: Record date and no-dealings start for 13 companies including Adani Enterprises, KEC International, Bajaj Financial Securities, HDFC Securities, Reliance Jio Infocomm, and others
Impact Assessment
Medium impact on debt market operations. While affecting multiple commercial paper instruments, the impact is temporary and limited to the redemption process. Trading members need to adjust their portfolios accordingly, but this represents normal corporate action activity rather than market disruption.
Impact Justification
Affects multiple commercial paper instruments but limited to specific redemption dates