Description
Trading suspended in commercial paper (ISIN: INE523L14856) of Nuvama Wealth and Investment Limited effective December 04, 2025 due to maturity on redemption date.
Summary
BSE has issued a notice suspending trading in commercial paper of Nuvama Wealth and Investment Limited (Scrip Code: 728373, ISIN: INE523L14856) effective December 04, 2025. The suspension is due to the commercial paper reaching its redemption/maturity date. Trading members are advised not to deal in this security from the effective date.
Key Points
- Commercial paper scrip code: 728373
- Issuer: Nuvama Wealth and Investment Limited
- ISIN: INE523L14856
- Trading suspension effective from: December 04, 2025
- Reason: Maturity on redemption date
- Notice reference: DR-770/2025-2026
- Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance And Operations
Regulatory Changes
No regulatory changes. This is a standard operational notice for debt security lifecycle management.
Compliance Requirements
- Trading members must not execute any trades in the specified commercial paper (ISIN: INE523L14856) from December 04, 2025 onwards
- Trading members should update their systems to reflect the trading suspension
- All market participants must take note of this restriction
Important Dates
- Notice Date: December 03, 2025
- Trading Suspension Effective Date: December 04, 2025
- Redemption/Maturity Date: December 05, 2025 (implied as suspension is one day prior)
Impact Assessment
Market Impact: Minimal. This is a routine suspension for a maturing commercial paper instrument. Only holders of this specific ISIN (INE523L14856) are affected.
Operational Impact: Low. Trading members need to ensure their systems reflect the trading halt for this specific scrip code (728373). No broader market operations are affected.
Investor Impact: Limited to holders of this specific commercial paper who should expect redemption proceeds as per the instrument’s terms on the maturity date.
Impact Justification
Routine trading suspension due to commercial paper maturity. Limited impact as this is a standard end-of-life process for debt instruments affecting only specific ISIN holders.