Description

BSE suspends trading in commercial papers of 7 companies from November 3-10, 2025 due to upcoming redemptions.

Summary

BSE has announced the suspension of trading in commercial papers issued by seven companies due to scheduled redemptions. Trading members are advised not to deal in these instruments from the specified no-dealing dates ranging from November 3-10, 2025.

Key Points

  • Seven commercial paper issuers affected by trading suspension
  • Suspensions due to record dates fixed for redemption purposes
  • No-dealing periods start 0-1 days before respective record dates
  • Notice number: 20251030-5, dated October 30, 2025
  • Category: Corporate Actions - Debt Segment

Affected Instruments

Julius Baer Capital (India) Private Limited (JBCIPL-04-11-25-CP)

  • ISIN: INE824H14SC1 (729959)
  • Record Date: November 3, 2025
  • No Dealings From: November 3, 2025
  • Reference: DR-748/2025-2026

JSW Energy Limited (JSWEL-06-11-25-CP)

  • ISIN: INE121E14375 (729992)
  • Record Date: November 5, 2025
  • No Dealings From: November 4, 2025
  • Reference: DR-749/2025-2026

Nuvama Wealth Finance Limited (NWFL-11-11-25-CP)

  • ISIN: INE918K14CI6 (729395)
  • Record Date: November 10, 2025
  • No Dealings From: November 10, 2025
  • Reference: DR-752/2025-2026

HDFC Securities Limited (HDFCSL-10-11-25-CP)

  • ISIN: INE700G14PG2 (730002)
  • Record Date: November 7, 2025
  • No Dealings From: November 7, 2025
  • Reference: DR-751/2025-2026

Julius Baer Capital (India) Private Limited (JBC-11-11-25-CP)

  • ISIN: INE824H14SE7 (730009)
  • Record Date: November 10, 2025
  • No Dealings From: November 10, 2025
  • Reference: DR-752/2025-2026

Bajaj Housing Finance Limited (BHFL-11-11-25-CP)

  • ISIN: INE377Y14BR9 (730013)
  • Record Date: November 10, 2025
  • No Dealings From: November 10, 2025
  • Reference: DR-752/2025-2026

Network 18 Media & Investments Limited (N18MIL-11-11-25-CP)

  • ISIN: INE870H14VR6 (730030)
  • Record Date: November 10, 2025
  • No Dealings From: November 10, 2025
  • Reference: DR-752/2025-2026

Regulatory Changes

No regulatory changes. This is a standard operational notice for scheduled commercial paper redemptions.

Compliance Requirements

  • Trading members must not execute trades in the listed commercial papers from the specified no-dealing dates
  • Members should inform their clients holding these instruments about the upcoming redemptions
  • Standard settlement procedures for redemption will apply as per the record dates

Important Dates

  • November 3, 2025: Trading suspension and redemption for Julius Baer Capital CP (JBCIPL-04-11-25-CP)
  • November 4, 2025: Trading suspension starts for JSW Energy CP
  • November 5, 2025: Redemption record date for JSW Energy Limited CP
  • November 7, 2025: Trading suspension and redemption for HDFC Securities CP
  • November 10, 2025: Trading suspension and redemption for four CPs (Nuvama Wealth, Julius Baer JBC, Bajaj Housing, Network 18)

Impact Assessment

This circular has minimal market impact as it relates to routine debt instrument redemptions. Commercial paper holders of the affected instruments will receive redemption proceeds as per the scheduled maturity dates. Trading members dealing in debt securities need to update their systems to prevent inadvertent trading in these instruments during the suspension period. No impact on equity markets or broader market operations.

Impact Justification

Routine administrative action for debt instruments affecting only commercial paper holders with specific redemption dates. No impact on equity markets.