Description

BSE suspends trading in commercial paper of 15 companies due to redemption scheduled for October 20 and 23, 2025.

Summary

BSE has issued Notice No. 20251014-12 suspending trading in commercial paper of 15 companies that have fixed record dates for redemption purposes. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates of October 20 and 23, 2025.

Key Points

  • 15 commercial paper instruments suspended for redemption
  • 4 instruments with record date October 20, 2025 (no dealings from October 20)
  • 11 instruments with record date October 23, 2025 (no dealings from October 23)
  • Trading suspension applies to debt segment
  • Notice issued under corporate actions category

Companies Affected

Record Date: October 20, 2025

  • Grasim Industries Ltd (ISIN: INE047A14AL3, Code: 729889)
  • Nuvama Wealth and Investment Limited (ISIN: INE523L14AD7, Code: 729895)
  • VIVRITI CAPITAL LIMITED (ISIN: INE01HV14870, Code: 729899)
  • 360 ONE Prime Limited (ISIN: INE248U14RU0, Code: 729901)

Record Date: October 23, 2025

  • Nuvama Wealth and Investment Limited (ISIN: INE523L14872, Code: 728451)
  • Axis Securities Limited (ISIN: INE110O14FY2, Code: 729724)
  • ICICI HOME FINANCE COMPANY LIMITED (ISIN: INE071G14GY0, Code: 729897)
  • Julius Baer Capital (India) Private Limited (ISIN: INE824H14SB3, Code: 729898)
  • Nuvama Wealth Finance Limited (ISIN: INE918K14CM8, Code: 729902)
  • Godrej Housing Finance Limited (ISIN: INE02JD14617, Code: 729905)
  • Bajaj Housing Finance Limited (ISIN: INE377Y14BM0, Code: 729906)
  • Reliance Jio Infocomm Limited (ISIN: INE110L14UF6, Code: 729907)
  • 360 ONE Prime Limited (ISIN: INE248U14RV8, Code: 729908)
  • Navi Finserv Limited (ISIN: INE342T14DT5, Code: 729910)
  • Infina Finance Private Limited (ISIN: INE879F14LD2, Code: 729915)

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the no-dealings dates
  • All transactions must cease before the record dates
  • Reference circulars: DR-739/2025-2026 (Oct 20) and DR-741/2025-2026 (Oct 23)

Important Dates

  • Notice Date: October 14, 2025
  • No Dealings From (Batch 1): October 20, 2025
  • Record Date (Batch 1): October 20, 2025
  • No Dealings From (Batch 2): October 23, 2025
  • Record Date (Batch 2): October 23, 2025

Impact Assessment

This is a routine corporate action with limited market impact. The suspension affects commercial paper holders who will receive redemption proceeds on the maturity dates. Trading members dealing in debt securities must ensure compliance with the suspension to avoid settlement issues. The suspension is temporary and related to normal redemption processes for short-term debt instruments.

Impact Justification

Routine suspension for commercial paper redemption affecting 15 instruments from major companies; temporary trading halt with specific record dates