Description
BSE announces suspension of trading in commercial paper for 16 companies due to upcoming redemptions between December 5-10, 2025.
Summary
BSE has issued a notice suspending trading in commercial paper instruments of 16 companies effective from their respective record dates. The suspensions are due to scheduled redemptions occurring between December 5-10, 2025. Trading members are advised not to deal in these commercial papers from the specified dates.
Key Points
- 16 companies have commercial paper redemptions scheduled
- Trading suspension effective from respective record dates
- Redemption dates range from December 5 to December 10, 2025
- Two redemptions on December 5, one on December 9, and thirteen on December 10
- Applies to debt segment trading members
- Notice issued under Corporate Actions category
Regulatory Changes
No regulatory changes. This is a standard corporate action notification process.
Compliance Requirements
- Trading members must not deal in the specified commercial paper securities from the designated “No Dealings From” dates
- Compliance required for all debt segment participants
- Restrictions apply until redemption is completed
Important Dates
- December 5, 2025: Record date and trading suspension for Standard Chartered Securities (India) Limited (INE472H14615) and Tata Housing Development Company Limited (INE582L14IV8)
- December 9, 2025: Record date and trading suspension for Tata Realty and Infrastructure Limited (INE371K14CZ2)
- December 10, 2025: Record date and trading suspension for 13 companies including Network 18 Media & Investments, Pilani Investment, Bajaj Financial Securities, J.K. Cement, Mirae Asset Capital Markets, Nuvama Wealth Finance, Godrej Finance, HDFC Securities, Reliance Retail Ventures, 360 One WAM, Grasim Industries, Tata Steel, and Titan Company
Impact Assessment
Market Impact: Limited to debt market participants holding these specific commercial paper instruments. No broader market disruption expected as this is a scheduled corporate action.
Operational Impact: Trading members must update their systems to prevent transactions in these securities from the specified dates. Standard redemption process with no unusual circumstances.
Investor Impact: Holders of these commercial papers will receive redemption proceeds as per the schedule. No impact on other securities or market segments.
Impact Justification
Routine commercial paper redemption notice affecting 16 companies. Standard corporate action with limited market-wide impact, relevant primarily to debt market participants holding these specific securities.