Description
Trading suspended for 13 commercial papers from various companies due to redemption record dates between December 2-8, 2025.
Summary
BSE has announced suspension of trading for 13 commercial papers issued by various companies effective from their respective record dates. The suspensions are scheduled between December 2-8, 2025, to facilitate redemption of these debt instruments. Trading members are advised not to deal in these securities from the specified dates.
Key Points
- 13 commercial papers being suspended for redemption
- Record dates range from December 2-8, 2025
- No dealings permitted from respective record dates
- Notice issued under Corporate Actions category for Debt Segment
- Reference numbers DR-768 through DR-772 for 2025-2026
Affected Commercial Papers
December 2, 2025 Suspension
- IGH Holdings Private Limited (IHPL-3-12-25-CP, ISIN: INE02FN14630)
- L&T Metro Rail (Hyderabad) Limited (LTMR-3-12-25-CP, ISIN: INE128M14AT9)
December 3, 2025 Suspension
- IGH Holdings Private Limited (IGHHPL-04-12-25-CP, ISIN: INE02FN14622)
- Birla Group Holdings Private Limited (BGHPL-04-12-25-CP, ISIN: INE09OL14HU4)
December 5, 2025 Suspension
- Birla Group Holdings Private Limited (BGHPL-08-12-25-CP, ISIN: INE09OL14HV2)
December 8, 2025 Suspension
- Standard Chartered Capital Limited (SCCL-09-12-25-CP, ISIN: INE403G14SY0)
- IGH Holdings Private Limited (IHPL-9-12-25-CP, ISIN: INE02FN14341)
- Nuvama Wealth and Investment Limited (NWIL-09-12-25-CP, ISIN: INE523L14AK2)
- Bajaj Financial Securities Limited (BFSL-9-12-25-CP, ISIN: INE01C314CO2)
- HDFC Securities Limited (HDFCSL-09-12-25-CP, ISIN: INE700G14PS7)
- Aditya Birla Housing Finance Limited (ABHFL-9-12-25-CP, ISIN: INE831R14FG3)
- Bajaj Finance Limited (BFL-9-12-25-CP, ISIN: INE296A14C22)
- Sharekhan Limited (SL-9-12-25-CP, ISIN: INE211H14AE5)
Compliance Requirements
- Trading members must not execute any deals in the listed commercial papers from their respective ‘No Dealings From’ dates
- Members must ensure compliance with the suspension notice for debt segment operations
- All trading activities in these securities must cease as per the schedule provided
Important Dates
- Notice Date: November 27, 2025
- First Suspension Date: December 2, 2025
- Record Date Range: December 2-8, 2025
- Last Suspension Date: December 8, 2025
Impact Assessment
This circular affects debt market participants holding or planning to trade these commercial papers. The suspension is procedural and routine for redemption purposes. Major financial institutions including Bajaj Finance, HDFC Securities, Standard Chartered Capital, and Aditya Birla group entities are involved. The staggered suspension dates allow for orderly market operations while ensuring proper settlement for redemption. No broader market impact expected as these are scheduled maturities.
Impact Justification
Routine suspension of commercial paper trading ahead of redemption affecting 13 debt securities from major financial institutions and corporate entities