Description
Trading suspension announced for commercial papers of 14 companies due to upcoming redemption between October 29 and November 4, 2025.
Summary
BSE has announced suspension of trading in commercial papers of 14 companies due to scheduled redemptions. Trading members are advised not to deal in these commercial papers from the specified dates. The suspensions are effective from October 29, 2025 through November 4, 2025 based on respective record dates.
Key Points
- 14 companies have fixed record dates for commercial paper redemption
- Trading suspension applies to debt segment only
- No dealings permitted from the specified suspension dates
- Record dates range from October 29 to November 3, 2025
- All redemptions are scheduled commercial paper maturities
Regulatory Changes
No regulatory changes. This is a routine corporate action notification for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the suspension dates
- Members must ensure their systems reflect the trading suspension for affected securities
- No new positions should be created in these instruments from the suspension date
Important Dates
October 29, 2025:
- Balrampur Chini Mills Ltd. (INE119A14872) - Record date and suspension begins
- LGT Capital Markets Private Limited (INE0UQH14012) - Record date and suspension begins
November 3, 2025:
- Kotak Mahindra Prime Limited (INE916D144I1) - Record date
- Network 18 Media & Investments Limited (INE870H14VO3) - Record date
- ICICI Securities Primary Dealership Limited (INE849D14HV0) - Record date
- Mirae Asset Financial Services (India) Private Limited (INE0JRU14248) - Record date
- Navi Finserv Limited (INE342T14DX7) - Record date
- 360 ONE Prime Limited (INE248U14SA0) - Record date
- Supreme Industries Ltd. (INE195A14CB7) - Record date
- 360 ONE WAM Limited (INE466L14EQ3) - Record date
- Indian Oil Corporation Ltd. (INE242A14YF2) - Record date
- Redington Limited (INE891D14A20) - Record date
- Kalpataru Projects International Limited (INE220B14BL2) - Record date
- Mahindra Lifespace Developers Ltd. (INE813A14342) - Record date
Suspension Date: Trading suspended from respective record dates
Impact Assessment
Market Impact: Limited to debt segment participants holding or trading these specific commercial papers. No impact on equity trading.
Operational Impact: Trading members must update their systems to prevent inadvertent trading in suspended instruments. Investors holding these commercial papers will receive redemption proceeds as per the terms.
Investor Impact: Holders of these commercial papers will have their investments redeemed on schedule. No liquidity available for exit before redemption date due to trading suspension.
Scope: Affects 14 companies across diverse sectors including financials, manufacturing, energy, and real estate development.
Impact Justification
Routine trading suspension for commercial paper redemptions affecting 14 companies, limited to debt segment only