Description

Trading suspended in commercial papers of 14 companies due to upcoming redemption with record dates between October 29 and November 3, 2025.

Summary

BSE has suspended trading in commercial papers of 14 companies effective from October 29 and November 3, 2025, due to scheduled redemptions. Trading members are advised not to deal in these securities from their respective no-dealings dates.

Key Points

  • 14 companies have fixed record dates for commercial paper redemption
  • Trading suspension affects debt segment only
  • Two companies (Balrampur Chini Mills Ltd. and LGT Capital Markets) have suspension starting October 29, 2025
  • Twelve companies have suspension starting November 3, 2025
  • Notice reference: DR-745/2025-2026 and DR-748/2025-2026
  • Trading members must not deal in these securities from specified dates

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for commercial paper redemptions.

Compliance Requirements

  • Trading members must cease all dealings in the specified commercial papers from the “No Dealings From” dates
  • Members must ensure their systems reflect the trading suspension
  • Members should inform their clients about the suspension and upcoming redemptions

Important Dates

October 29, 2025:

  • Record Date and No Dealings Date for: Balrampur Chini Mills Ltd. (INE119A14872) and LGT Capital Markets Private Limited (INE0UQH14012)

November 3, 2025:

  • Record Date and No Dealings Date for: Kotak Mahindra Prime Limited (INE916D144I1), Network 18 Media & Investments Limited (INE870H14VO3), ICICI Securities Primary Dealership Limited (INE849D14HV0), Mirae Asset Financial Services (India) Private Limited (INE0JRU14248), Navi Finserv Limited (INE342T14DX7), 360 ONE Prime Limited (INE248U14SA0), Supreme Industries Ltd. (INE195A14CB7), 360 ONE WAM LIMITED (INE466L14EQ3), Indian Oil Corporation Ltd. (INE242A14YF2), Redington Limited (INE891D14A20), Kalpataru Projects International Limited (INE220B14BL2), and Mahindra Lifespace Developers Ltd. (INE813A14342)

Impact Assessment

Market Impact: Medium - affects 14 commercial papers across diverse sectors including finance, manufacturing, media, and energy. Liquidity in these securities will be restricted until redemption.

Investor Impact: Holders of these commercial papers should prepare for redemption. No secondary market trading possible from suspension dates.

Operational Impact: Trading members must update systems and communicate with clients holding these securities. Standard redemption process expected without complications.

Sector Coverage: Wide-ranging impact across NBFC, manufacturing (sugar, plastics), media, oil & gas, infrastructure, and real estate sectors.

Impact Justification

Routine redemption-related trading suspension affecting 14 commercial papers across diverse sectors. Standard corporate action with defined timelines.