Description

Trading suspended in two commercial papers of SBICAP Securities Limited due to redemption. No dealings from December 19 and 22, 2025 respectively.

Summary

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

Key Points

  • Two commercial papers of SBICAP Securities Limited are affected
  • 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 have been fixed for redemption purposes
  • Notice issued under reference numbers DR-781/2025-2026 and DR-782/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard administrative action for commercial paper redemption.

Compliance Requirements

  • Trading members must not execute any deals in the specified commercial papers from their respective suspension dates
  • Members must ensure compliance with the trading suspension for ISIN INE212K14CL8 from December 19, 2025
  • Members must ensure compliance with the trading suspension for ISIN INE212K14CK0 from December 22, 2025

Important Dates

  • December 18, 2025: Notice date
  • December 19, 2025: Record date and suspension date for SBICAPSL-22-12-25-CP (INE212K14CL8)
  • December 22, 2025: Record date and suspension date for SSL-23-12-25-CP (INE212K14CK0)

Impact Assessment

Limited impact on the broader debt market. This is a routine suspension affecting only holders and traders of these specific commercial papers issued by SBICAP Securities Limited. The suspensions align with normal redemption procedures and should not affect market liquidity significantly. Investors holding these instruments should expect redemption as per the terms of the commercial papers.

Impact Justification

Routine suspension for commercial paper redemption affecting only specific debt instruments of SBICAP Securities Limited. Limited market-wide impact as this is standard procedure for maturing commercial papers.