Description

BSE suspends trading in two commercial paper instruments of SBICAP Securities Limited due to upcoming redemption with record dates on December 19 and 22, 2025.

Summary

BSE has issued a suspension of trading notice for two commercial paper instruments issued by SBICAP Securities Limited. Trading members are advised not to deal in these instruments from their respective record dates due to scheduled redemptions.

Key Points

  • Two commercial paper instruments of SBICAP Securities Limited are suspended from trading
  • 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
  • Both suspensions are due to redemption of commercial paper
  • Trading members must cease dealing from the respective no-dealings dates

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must not execute any transactions in the specified commercial paper instruments from the indicated no-dealings dates
  • Record dates have been fixed for redemption purposes
  • Trading members should update their systems to reflect the trading suspension

Important Dates

  • December 19, 2025: Record date and no dealings date for SBICAPSL-22-12-25-CP (INE212K14CL8)
  • December 22, 2025: Record date and no dealings date for SSL-23-12-25-CP (INE212K14CK0)
  • Notice Date: December 18, 2025

Impact Assessment

Market Impact: Low - This is a routine trading suspension affecting only two commercial paper instruments approaching maturity. The suspension is temporary and relates to normal redemption procedures.

Operational Impact: Minimal - Trading members holding or planning to trade these specific commercial papers need to cease dealings from the specified dates. Investors holding these instruments will receive redemption proceeds as per the standard redemption process.

Investor Impact: Limited to holders of these two specific commercial paper instruments who will receive redemption payments. No broader market implications expected.

Impact Justification

Routine trading suspension for commercial paper redemption affecting only two specific debt instruments with near-term maturity dates