Description

BSE suspends trading in commercial papers of 13 companies effective from November 6-12, 2025 due to upcoming redemptions with various record dates.

Summary

BSE has issued a notice suspending trading in commercial papers of 13 companies effective from November 6-12, 2025. The suspension is due to upcoming redemptions with record dates fixed between November 6-11, 2025. Trading members are advised not to deal in these commercial papers from the specified dates.

Key Points

  • Total of 13 commercial paper instruments affected across multiple issuers
  • Suspensions effective from November 6, 2025 to November 12, 2025 depending on the security
  • Record dates set for redemption purposes range from November 6-11, 2025
  • Multiple issuers include financial services companies, real estate, media, and industrial firms
  • Notice classified under Corporate Actions in the Debt segment

Affected Securities

November 6, 2025 (No dealings from):

  • Technoplast Limited (TTL-7-11-25-CP, ISIN: INE508G14HW3)
  • Nexus Select Trust (NST-7-11-25-CP, ISIN: INE0NDH14072)

November 7, 2025 (No dealings from):

  • Nexus Select Trust (NST-10-11-25-CP, ISIN: INE0NDH14080)

November 10, 2025 (No dealings from):

  • HDFC Securities Limited (HDFCSL-11-11-25-CP, ISIN: INE700G14PJ6)

November 11, 2025 (No dealings from):

  • IGH Holdings Private Limited (IGHHPL-12-11-25-CP, ISIN: INE02FN14598)
  • HDFC Securities Limited (HDFCSL-12-11-25-CP, ISIN: INE700G14PI8)
  • Infina Finance Private Limited (IFPL-12-11-25-CP, ISIN: INE879F14LF7)
  • Network 18 Media & Investments Limited (NMIL-12-11-25-CP, ISIN: INE870H14VS4)
  • 360 ONE WAM LIMITED (360OWL-12-11-25-CP, ISIN: INE466L14ES9)
  • Bajaj Financial Securities Limited (BFSL-12-11-25-CP, ISIN: INE01C314CI4)
  • Aditya Birla Real Estate Limited (ABREL-12-11-25-CP, ISIN: INE055A14KH3)
  • Dalmia Cement (Bharat) Limited (DCBL-12-11-25-CP, ISIN: INE755K14FL9)
  • Reliance Retail Ventures Limited (RRVL-12-11-25-CP, ISIN: INE929O14DT0)

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the respective “No Dealings From” dates
  • All affected securities have been assigned DR (Dealing Restriction) numbers ranging from DR-750/2025-2026 to DR-753/2025-2026
  • Members must ensure compliance with the trading suspension to facilitate smooth redemption process

Important Dates

  • Notice Date: October 31, 2025
  • First Suspension Date: November 6, 2025 (Technoplast, Nexus Select Trust)
  • Record Dates: November 6, 7, 10, and 11, 2025
  • Last Suspension Date: November 11, 2025 (multiple issuers)

Impact Assessment

This is a standard corporate action procedure for commercial paper redemptions. The impact is limited to debt market participants holding or trading these specific instruments. The suspension ensures orderly redemption process by preventing trades after record dates. Investors holding these commercial papers will receive redemption proceeds as per the maturity terms. No broader market disruption expected as this is routine administrative action affecting short-term debt instruments nearing maturity.

Impact Justification

Routine suspension affecting 13 commercial paper issuances for redemption purposes. Standard corporate action with limited market-wide impact, primarily affecting debt market participants dealing in these specific instruments.