Description

Trading suspended for commercial papers of 7 companies due to upcoming redemption with record dates between October 23-27, 2025.

Summary

BSE has suspended trading in commercial papers of seven companies effective from October 23-27, 2025, due to upcoming redemptions. The suspension affects SBICAP Securities Limited, HDFC Securities Limited (2 CPs), Adani Enterprises Ltd., Axis Securities Limited, Navi Finserv Limited, and 360 ONE Prime Limited. Trading members are advised not to deal in these commercial papers from their respective no-dealings dates.

Key Points

  • Seven commercial papers from different companies are suspended for trading
  • Suspensions are due to record dates fixed for redemption purposes
  • No dealings allowed from the specified dates matching the record dates
  • All suspensions occur within a 5-day window (October 23-27, 2025)
  • Two commercial papers from HDFC Securities Limited are included

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for trading suspension.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the no-dealings dates
  • Trading members should note the record dates and ensure no transactions occur for these securities
  • Compliance with standard redemption procedures for debt securities

Important Dates

  • October 23, 2025: Record date and no dealings from date for SBICAP Securities Limited CP (INE212K14BV9)
  • October 24, 2025: Record date and no dealings from date for HDFC Securities Limited CP (INE700G14PC1) and Adani Enterprises Ltd. CP (INE423A14XW5)
  • October 27, 2025: Record date and no dealings from date for Axis Securities Limited CP (INE110O14FZ9), HDFC Securities Limited CP (INE700G14OY8), Navi Finserv Limited CP (INE342T14DU3), and 360 ONE Prime Limited CP (INE248U14RX4)

Impact Assessment

Market Impact: Medium - affects debt market liquidity for specific commercial papers during redemption period. Routine corporate action with limited broader market implications.

Operational Impact: Trading members holding or planning to trade these specific commercial papers must adjust their strategies and ensure no transactions occur from the specified dates. Investors holding these securities should be aware of the redemption schedule.

Impact Justification

Routine trading suspension affecting multiple commercial papers due to scheduled redemptions. Impacts debt market participants with specific securities.