Description
Trading suspension notice for 15 commercial papers of various companies due to redemption scheduled between December 1-2, 2025.
Summary
BSE has announced the suspension of trading in 15 commercial papers issued by various companies due to scheduled redemptions. Trading members are advised not to deal in these securities from the specified no-dealings dates. The redemptions are scheduled for December 1-2, 2025, with record dates set accordingly.
Key Points
- 15 commercial papers from 13 different issuers affected
- 4 securities with December 1, 2025 redemption date
- 11 securities with December 2, 2025 redemption date
- Trading suspension begins on respective record dates
- Notice issued under DR-767/2025-2026 and DR-768/2025-2026
- Affects debt segment corporate actions
Regulatory Changes
No regulatory changes. This is a standard operational notice for commercial paper redemptions following established procedures.
Compliance Requirements
- Trading Members: Must not deal in the listed commercial papers from the specified “No Dealings From” dates
- Market Participants: Should note the record dates and avoid transactions in affected securities
- Compliance Period: December 1-2, 2025
Important Dates
December 1, 2025 Redemptions:
- Godrej Housing Finance Limited (INE02JD14575) - No dealings from 01/12/2025
- HDFC Securities Limited (INE700G14PO6) - No dealings from 01/12/2025
- Aditya Birla Housing Finance Limited (INE831R14FF5) - No dealings from 01/12/2025
- Network 18 Media & Investments Limited (INE870H14VU0) - No dealings from 01/12/2025
December 2, 2025 Redemptions:
- Credila Financial Services Limited (INE539K14BT9) - No dealings from 02/12/2025
- Network 18 Media & Investments Limited (INE870H14VV8) - No dealings from 02/12/2025
- HDFC Securities Limited (INE700G14PQ1) - No dealings from 02/12/2025
- Reliance Retail Ventures Limited (INE929O14EA8) - No dealings from 02/12/2025
- Tata Power Co. Ltd (INE245A14KE7) - No dealings from 02/12/2025
- Nuvama Wealth and Investment Limited (INE523L14AI6) - No dealings from 02/12/2025
- Bharat Heavy Electricals Ltd (INE257A14AC7) - No dealings from 02/12/2025
- Manappuram Finance Limited (INE522D14OS5) - No dealings from 02/12/2025
- Himadri Speciality Chemical Ltd (INE019C14631) - No dealings from 02/12/2025
- KEC International Ltd (INE389H14LG1) - No dealings from 02/12/2025
- Lodha Developers Limited (INE670K14022) - No dealings from 02/12/2025
Impact Assessment
Market Impact: Limited to debt segment commercial paper holders. This is a routine redemption process with no broader market implications.
Operational Impact: Trading members must update their systems to prevent trades in these 15 securities from the specified dates. Investors holding these commercial papers will receive redemption proceeds as per the terms.
Issuer Diversity: Affects multiple sectors including housing finance, securities, media, retail, power, manufacturing, and real estate, indicating normal commercial paper market activity.
Liquidity: Temporary trading suspension is standard procedure for securities approaching redemption, ensuring orderly settlement of maturing instruments.
Impact Justification
Routine redemption process affecting 15 commercial papers with scheduled suspensions. Standard corporate action with limited market-wide impact but important for holders of these specific securities.