Description
BSE suspends trading in commercial papers of 13 companies due to redemption scheduled for November 27-28, 2025.
Summary
BSE has suspended trading in commercial papers of 13 companies effective November 27-28, 2025, due to scheduled redemptions. The suspension includes major corporates like Adani Enterprises, Tata Steel, and Larsen & Toubro, along with several financial services companies. Trading members are advised not to deal in these commercial papers from the specified dates.
Key Points
- 13 companies’ commercial papers suspended for trading
- 12 companies have record date of November 27, 2025 with suspension from November 27, 2025
- 1 company (CaratLane Trading Private Limited) has record date of November 28, 2025 with suspension from November 28, 2025
- Suspension is due to redemption of commercial paper
- Trading members must cease dealing in these securities from respective suspension dates
Affected Companies
Suspension from November 27, 2025:
- Credila Financial Services Limited (INE539K14BS1)
- Standard Chartered Capital Limited (INE403G14SV6)
- Julius Baer Capital (India) Private Limited (INE824H14QU7)
- Infina Finance Private Limited (INE879F14KA0)
- Nuvama Wealth and Investment Limited (INE523L14864)
- IndoStar Capital Finance Limited (INE896L14EU3)
- Adani Enterprises Ltd. (INE423A14XN4)
- Tata Steel Limited (INE081A14GC8)
- KEC International Ltd. (INE389H14LF3)
- Larsen & Toubro Limited (INE018A14LQ0)
- DSP Finance Private Limited (INE422H14073)
- BOBCARD Limited (INE027214894)
Suspension from November 28, 2025:
- CaratLane Trading Private Limited (INE015Y14633)
Compliance Requirements
- Trading members must not execute any deals in the listed commercial papers from their respective suspension dates
- Members must ensure compliance with the suspension directive (Reference: DR-765/2025-2026 and DR-766/2025-2026)
Important Dates
- November 21, 2025: Notice issued
- November 27, 2025: Record date and suspension effective for 12 companies
- November 28, 2025: Record date and suspension effective for CaratLane Trading Private Limited
Impact Assessment
This is a routine operational suspension related to commercial paper redemptions with limited market impact. The suspension is temporary and affects only the debt securities segment. Investors holding these commercial papers will receive redemption proceeds as scheduled. No trading will be possible during the suspension period, but this is standard procedure for maturing debt instruments.
Impact Justification
Routine suspension for commercial paper redemption affecting 13 companies including major corporates; temporary trading halt with no long-term impact