Description
BSE suspends trading in commercial papers of seven companies from November 3-10, 2025 due to redemption record dates.
Summary
BSE has announced the suspension of trading in commercial papers of seven companies due to record dates fixed for redemption purposes. Trading members are advised not to deal in these commercial papers from the specified “No Dealings” dates ranging from November 3 to November 10, 2025.
Key Points
- Seven companies have fixed record dates for commercial paper redemption
- Trading suspension applies to debt segment only
- Suspension periods range from November 3-10, 2025
- Notice issued under DR-748 to DR-752/2025-2026
- Trading members must cease dealing from specified dates
Affected Commercial Papers
| Company | ISIN | Record Date | No Dealings From |
|---|---|---|---|
| Julius Baer Capital (India) Private Limited | INE824H14SC1 | 03/11/2025 | 03/11/2025 |
| JSW Energy Limited | INE121E14375 | 05/11/2025 | 04/11/2025 |
| Nuvama Wealth Finance Limited | INE918K14CI6 | 10/11/2025 | 10/11/2025 |
| HDFC Securities Limited | INE700G14PG2 | 07/11/2025 | 07/11/2025 |
| Julius Baer Capital (India) Private Limited | INE824H14SE7 | 10/11/2025 | 10/11/2025 |
| Bajaj Housing Finance Limited | INE377Y14BR9 | 10/11/2025 | 10/11/2025 |
| Network 18 Media & Investments Limited | INE870H14VR6 | 10/11/2025 | 10/11/2025 |
Regulatory Changes
No regulatory changes. This is a routine operational notice for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the “No Dealings” dates
- All trades in these securities must cease by the specified suspension dates
- Members should update their systems to reflect trading suspension
Important Dates
- November 3, 2025: Trading suspension begins for Julius Baer Capital CP (INE824H14SC1)
- November 4, 2025: Trading suspension begins for JSW Energy Limited CP
- November 7, 2025: Trading suspension begins for HDFC Securities Limited CP
- November 10, 2025: Trading suspension begins for four commercial papers (Nuvama Wealth, Julius Baer, Bajaj Housing, Network 18)
Impact Assessment
Medium impact limited to debt market participants. The suspension affects short-term debt instruments nearing maturity. Investors holding these commercial papers will receive redemption proceeds on the respective record dates. No impact on equity markets or broader trading operations. Standard corporate action procedure for maturing debt securities.
Impact Justification
Routine trading suspension for commercial paper redemption affecting seven issuers. Medium impact limited to debt market participants dealing in these specific instruments.