Description

Trading suspended for two commercial papers of SBICAP Securities Limited due to upcoming redemptions on December 19 and 22, 2025.

Summary

BSE has issued a notice suspending trading in two commercial papers issued by SBICAP Securities Limited due to scheduled redemptions. Trading members are advised not to deal in these instruments from their respective no-dealing dates.

Key Points

  • Two commercial papers of SBICAP Securities Limited face trading suspension
  • 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
  • Suspensions triggered by record dates set 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 operational notice for commercial paper lifecycle management.

Compliance Requirements

  • Trading members must cease all dealings in the specified commercial papers from the stated no-dealing dates
  • Members must ensure compliance with the record date requirements for redemption processing
  • No transactions should be executed in SBICAPSL-22-12-25-CP from December 19, 2025
  • No transactions should be executed in SSL-23-12-25-CP from December 22, 2025

Important Dates

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

Impact Assessment

This notice has minimal market impact as it relates to routine commercial paper redemptions. The trading suspension affects only holders and potential traders of these specific debt instruments. SBICAP Securities Limited has set record dates for redemption, which is a standard corporate action. Market participants holding these commercial papers should prepare for redemption processing. The suspension ensures orderly settlement and prevents trading after the record date determination.

Impact Justification

Routine administrative notice for commercial paper redemption affecting only specific debt instruments with narrow market impact