Description

BSE suspends trading in 10 commercial papers due to upcoming redemption with record dates between December 12-15, 2025. Trading members advised not to deal in these securities.

Summary

BSE has suspended trading in 10 commercial papers issued by various financial services companies and corporations due to upcoming redemption. The suspension is effective from December 12-15, 2025, based on respective record dates. Trading members are explicitly instructed not to deal in these securities.

Key Points

  • 10 commercial papers suspended for redemption purposes
  • Record dates range from December 12-15, 2025
  • Issuers include SBICAP Securities, Godrej Finance, Vertis Infrastructure Trust, Julius Baer Capital India, HDFC Securities, Bajaj Financial Securities, DSP Finance, Tata Steel, and Redington Limited
  • Trading suspension effective from respective record dates
  • Notice number: 20251210-7, Category: Corporate Actions, Segment: Debt

Regulatory Changes

No regulatory changes. This is a standard corporate action notification for commercial paper redemption.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the “No Dealings From” dates
  • Members must ensure compliance with suspension for all 10 securities listed
  • Suspension applies to commercial papers with ISINs: INE212K14CF0, INE02KN14408, INE0KXY14030, INE824H14SJ6, INE700G14PY5, INE01C314CT1, INE212K14CG8, INE422H14024, INE081A14GH7, INE891D14A87

Important Dates

  • December 12, 2025: Record date and no dealings date for SBICAP Securities Limited CP (INE212K14CF0)
  • December 15, 2025: Record date and no dealings date for remaining 9 commercial papers:
    • Godrej Finance Limited (INE02KN14408)
    • Vertis Infrastructure Trust (INE0KXY14030)
    • Julius Baer Capital India (INE824H14SJ6)
    • HDFC Securities Limited (INE700G14PY5)
    • Bajaj Financial Securities (INE01C314CT1)
    • SBICAP Securities Limited (INE212K14CG8)
    • DSP Finance Private Limited (INE422H14024)
    • Tata Steel Limited (INE081A14GH7)
    • Redington Limited (INE891D14A87)

Impact Assessment

Market Impact: Medium - affects 10 commercial paper instruments in the debt segment. Routine redemption activity with no unusual circumstances.

Operational Impact: Trading members must update systems to prevent trading in these 10 securities from specified dates. Standard redemption process for short-term debt instruments.

Investor Impact: Holders of these commercial papers will receive redemption proceeds on maturity. No secondary market trading available from suspension dates until redemption completion.

Impact Justification

Routine suspension for commercial paper redemption affecting 10 debt securities. Standard corporate action with limited broader market impact.