Description
BSE announces suspension of trading in commercial paper of 20 companies due to upcoming redemption between December 23-30, 2025.
Summary
BSE has issued Notice No. 20251219-8 suspending trading in commercial paper of 20 companies that have fixed record dates for redemption purposes. Trading members are advised not to deal in these instruments from the specified no-dealings dates between December 23-30, 2025.
Key Points
- Total of 20 commercial paper instruments affected across multiple issuers
- Suspensions scheduled between December 23, 2025 and December 30, 2025
- Record dates set between December 23, 2025 and December 30, 2025
- All suspensions are for redemption of commercial paper
- Trading members instructed not to deal in these instruments from respective no-dealings dates
Affected Instruments
December 23, 2025 (DR-783/2025-2026)
- SBICAP Securities Ltd (INE212K14CM6) - Record Date: 23/12/2025
December 24, 2025 (DR-784/2025-2026)
- 360 ONE Prime Limited (INE248U14RI5) - Record Date: 24/12/2025
- Adani Enterprises Ltd. (INE423A14XU9) - Record Date: 24/12/2025
- VIVRITI CAPITAL LIMITED (INE01HV14805) - Record Date: 24/12/2025
- Infina Finance Private Limited (INE879F14LP6) - Record Date: 24/12/2025
- Larsen & Toubro Limited (INE018A14LR8) - Record Date: 24/12/2025
- ICICI HOME FINANCE COMPANY LIMITED (INE071G14HC4) - Record Date: 25/12/2025, No dealings from 24/12/2025
December 26, 2025 (DR-785/2025-2026)
- Avenue Supermarts Limited (INE192R14287) - Record Date: 26/12/2025
- J.K. CEMENT LTD (INE823G14AY7) - Record Date: 26/12/2025
- E.I.D. Parry (India) Ltd. (INE126A14EM5) - Record Date: 26/12/2025
- ICICI HOME FINANCE COMPANY LIMITED (INE071G14HH3) - Record Date: 27/12/2025, No dealings from 26/12/2025
December 29, 2025 (DR-786/2025-2026)
- Julius Baer Capital (India) Private Limited (INE824H14RG4) - Record Date: 29/12/2025
- IndoStar Capital Finance Limited (INE896L14EX7) - Record Date: 29/12/2025
- 360 ONE WAM LIMITED (INE466L14EP5) - Record Date: 29/12/2025
- Bajaj Finance Limited (INE296A14C97) - Record Date: 29/12/2025
- SG FINSERVE LIMITED (INE618R14026) - Record Date: 29/12/2025
December 30, 2025 (DR-787/2025-2026)
- Capri Global Capital Limited (INE180C14433) - Record Date: 30/12/2025
- Muthoottu Mini Financiers Limited (INE101Q14165) - Record Date: 30/12/2025
- Bajaj Financial Securities Limited (INE01C314DW3) - Record Date: 30/12/2025
Regulatory Changes
No regulatory changes. This is a standard corporate action notice for scheduled commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the listed commercial paper instruments from the specified no-dealings dates
- All trading activity in these instruments must cease as per the schedule provided
- Members should ensure their systems are updated to prevent trading in these securities
Important Dates
- December 23, 2025: First set of suspensions (1 instrument)
- December 24, 2025: Second set of suspensions (6 instruments)
- December 26, 2025: Third set of suspensions (4 instruments)
- December 29, 2025: Fourth set of suspensions (5 instruments)
- December 30, 2025: Final set of suspensions (3 instruments)
Impact Assessment
Market Impact: Medium - Affects debt market liquidity temporarily for 20 commercial paper instruments from major corporate and financial entities including blue-chip companies like Larsen & Toubro, Adani Enterprises, Bajaj Finance, and Avenue Supermarts.
Operational Impact: Low to Medium - Trading members need to update systems and ensure compliance with no-dealings restrictions. Standard year-end redemption activity as companies settle their short-term debt obligations.
Investor Impact: Low - Routine corporate action for maturing commercial paper. Investors holding these instruments will receive redemption proceeds as per schedule. No unexpected disruptions anticipated.
Impact Justification
Routine suspension affecting 20 commercial paper instruments across major financial and corporate entities for redemption purposes. Standard corporate action with scheduled timeline.