Description
Trading suspension for commercial papers of 13 companies due to redemption, effective from various dates between November 27 and December 4, 2025.
Summary
BSE has announced the suspension of trading in commercial papers of 13 companies due to upcoming redemptions. Trading members are advised not to deal in these securities from the specified dates. The suspensions range from November 27, 2025 to December 4, 2025, corresponding to the respective record dates set for commercial paper redemption.
Key Points
- 13 commercial paper instruments suspended for trading
- Suspensions effective from November 27, 2025 to December 4, 2025
- All suspensions are due to commercial paper redemptions
- Trading members instructed not to deal in these securities from suspension dates
- Record dates set one day before trading suspension in most cases
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from the “No Dealings From” dates
- Adherence to record dates for redemption purposes
- Compliance with notice numbers DR-765/2025-2026 through DR-770/2025-2026
Important Dates
November 27, 2025:
- Mindspace Business Parks REIT (ISIN: INE0CCU14088) - Trading suspended
- Kirloskar Ferrous Industries Ltd. (ISIN: INE884B14671) - Trading suspended
December 1, 2025:
- Julius Baer Capital (India) Private Limited (ISIN: INE824H14SH0) - Trading suspended
December 2, 2025:
- Julius Baer Capital (India) Private Limited (ISIN: INE824H14SG2) - Trading suspended
- Nuvama Wealth Management Limited (ISIN: INE531F14FH2) - Trading suspended
December 3, 2025:
- Network 18 Media & Investments Limited (ISIN: INE870H14VW6) - Trading suspended
- HDFC Securities Limited (ISIN: INE700G14PP3) - Trading suspended
- Reliance Retail Ventures Limited (ISIN: INE929O14EC4) - Trading suspended
- Bajaj Finance Limited (ISIN: INE296A14C48) - Trading suspended
December 4, 2025:
- Fedbank Financial Services Limited (ISIN: INE007N14EB3) - Trading suspended
- Vivriti Capital Limited (ISIN: INE01HV14896) - Trading suspended
- KEC International Ltd. (ISIN: INE389H14LH9) - Trading suspended
- Grasim Industries Ltd (ISIN: INE047A14AO7) - Trading suspended
Impact Assessment
Market Impact: Medium - affects debt market participants dealing in commercial papers of these issuers
Operational Impact: Trading members need to update their systems to prevent trading in these instruments from specified dates. The suspensions are temporary and routine, tied to scheduled redemptions.
Investor Impact: Investors holding these commercial papers will receive redemption proceeds as per the terms. No trading opportunity available from suspension dates until redemption completion.
Sector Coverage: Diverse - includes real estate (REIT), industrial, financial services, media, and retail sectors.
Impact Justification
Routine commercial paper redemptions affecting multiple issuers. Limited market impact as suspensions are temporary and tied to scheduled redemptions.