Description

BSE suspends trading in commercial paper of ONGC Petro additions Limited (ISIN: INE163N14527) effective October 27, 2025 due to maturity on redemption date.

Summary

BSE has announced the suspension of trading in commercial paper (Scrip Code: 729298, ISIN: INE163N14527) issued by ONGC Petro additions Limited, effective from October 27, 2025. The suspension is implemented as the commercial paper is maturing on its redemption date. Trading members are advised not to deal in this instrument from the effective date.

Key Points

  • Commercial Paper of ONGC Petro additions Limited to be suspended from trading
  • Scrip Code: 729298
  • ISIN: INE163N14527
  • Instrument Description: OPAL-28-10-25-CP
  • Effective Date of Suspension: October 27, 2025
  • Reason: Maturity on redemption date
  • Notice Reference: DR-743/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational procedure for maturing debt instruments.

Compliance Requirements

  • Trading members must cease all trading activities in the specified commercial paper from October 27, 2025
  • Members should update their systems to prevent inadvertent trading in the suspended instrument
  • No new positions should be created in this commercial paper

Important Dates

  • Notice Date: October 24, 2025
  • Trading Suspension Effective Date: October 27, 2025
  • Commercial Paper Maturity Date: October 28, 2025 (implied)

Impact Assessment

Market Impact: Low - This is a routine suspension affecting a single commercial paper instrument approaching maturity. The suspension is a standard market practice to prevent trading in instruments close to redemption.

Operational Impact: Minimal - Trading members holding positions in this commercial paper should prepare for redemption. The three-day notice period provides adequate time for members to adjust their portfolios and inform clients.

Investor Impact: Limited to holders of this specific commercial paper who will receive redemption proceeds as per the instrument’s terms on the maturity date.

Impact Justification

Routine trading suspension due to commercial paper maturity affecting single instrument with limited market-wide impact