Description

Trading suspended in two commercial papers of SBICAP Securities Limited due to redemption, effective December 19 and 22, 2025.

Summary

BSE has suspended trading in two commercial papers issued by SBICAP Securities Limited effective December 19 and 22, 2025, respectively, due to scheduled redemptions. Trading members are advised not to deal in these securities from the specified dates.

Key Points

  • Two commercial papers of SBICAP Securities Limited to be redeemed
  • SBICAPSL-22-12-25-CP (ISIN: INE212K14CL8, Code: 730277) - No dealings from December 19, 2025
  • SSL-23-12-25-CP (ISIN: INE212K14CK0, Code: 730301) - No dealings from December 22, 2025
  • Record dates set for December 19 and 22, 2025 respectively
  • Trading members must cease dealing from the respective record dates

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for commercial paper redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified commercial papers from the respective “No Dealings” dates
  • Members must ensure compliance with the trading suspension for both securities (Code 730277 and 730301)
  • Record date compliance required for redemption processing

Important Dates

  • December 18, 2025: Notice issued
  • December 19, 2025: Record date and trading suspension for SBICAPSL-22-12-25-CP (Code: 730277)
  • December 22, 2025: Record date and trading suspension for SSL-23-12-25-CP (Code: 730301)

Impact Assessment

Market Impact: Low - affects only two commercial paper instruments in the debt segment. Commercial paper redemptions are routine corporate actions with minimal market disruption.

Operational Impact: Low - standard suspension procedure for debt securities approaching maturity. Trading members need to update their systems to block trades in these two securities from the specified dates.

Investor Impact: Minimal - investors holding these commercial papers will receive redemption proceeds as per the terms. No trading impact for equity or other debt securities.

Impact Justification

Routine commercial paper redemption affecting only two debt securities with limited market impact