Description

BSE suspends trading in commercial papers of 16 companies from December 5-10, 2025 due to upcoming redemptions.

Summary

BSE has announced the suspension of trading in commercial papers of 16 companies due to upcoming redemptions. Trading members are advised not to deal in these securities from their respective record dates. The suspensions span from December 5 to December 10, 2025, affecting commercial papers from major financial institutions and industrial companies including Standard Chartered Securities, Tata Housing, Tata Steel, Titan, Reliance Retail, and others.

Key Points

  • 16 commercial papers will be suspended from trading
  • Suspension period: December 5-10, 2025 (varies by security)
  • Purpose: Redemption of commercial papers
  • Trading members advised not to deal in these securities from their no-dealings date
  • Notice issued under reference numbers DR-771/2025-2026 to DR-774/2025-2026
  • Affects debt segment securities

Regulatory Changes

No regulatory changes. This is a routine operational notice for record date fixation and trading suspension ahead of commercial paper redemptions.

Compliance Requirements

  • Trading members must not execute trades in the listed commercial papers from their respective no-dealings dates
  • Market participants must note the record dates for each security
  • No dealing permitted from: December 5, 2025 (2 securities), December 9, 2025 (1 security), and December 10, 2025 (13 securities)

Important Dates

December 5, 2025:

  • SCSL-8-12-25-CP (INE472H14615) - Record date and no dealings from
  • THDCL-08-12-25-CP (INE582L14IV8) - Record date and no dealings from

December 9, 2025:

  • TRIL-10-12-25-CP (INE371K14CZ2) - Record date and no dealings from

December 10, 2025:

  • NMIL-11-12-25-CP (INE870H14VZ9) - Record date and no dealings from
  • PIICL-11-12-25-CP (INE417C14AC3) - Record date and no dealings from
  • BFSL-11-12-25-CP (INE01C314CP9) - Record date and no dealings from
  • JKCL-11-12-2025-CP (INE823G14AW1) - Record date and no dealings from
  • MACMPL-11-12-25-CP (INE0T2V14079) - Record date and no dealings from
  • NWFL-11-12-25-CP (INE918K14CQ9) - Record date and no dealings from
  • GFL-11-12-25-CP (INE02KN14614) - Record date and no dealings from
  • HSL-11-12-25-CP (INE700G14PX7) - Record date and no dealings from
  • RRVL-11-12-25-CP (INE929O14ED2) - Record date and no dealings from
  • 360OWL-11-12-25-CP (INE466L14EW1) - Record date and no dealings from
  • GIL-11-12-25-CP (INE047A14AM1) - Record date and no dealings from
  • TSL-11-12-25-CP (INE081A14GE4) - Record date and no dealings from
  • TCL-11-12-25-CP (INE280A14492) - Record date and no dealings from

Impact Assessment

Market Impact: Medium - affects short-term liquidity in commercial paper segment but is routine market practice. The suspension affects major corporate issuers across financial services, manufacturing, and retail sectors.

Operational Impact: Trading members and investors holding these commercial papers must prepare for redemption settlements. No secondary market trading will be available during suspension period.

Investor Impact: Holders of these commercial papers will receive redemption proceeds on maturity. No impact on underlying company operations or equity securities.

Impact Justification

Routine suspension for commercial paper redemptions affecting 16 debt securities across major corporate issuers including Tata Group, Bajaj, Reliance, and other blue-chip companies. Standard market practice with no broader market implications.