Description

Trading suspension for Adani Enterprises Ltd Commercial Paper (INE423A14XT1) effective December 23, 2025 due to redemption.

Summary

BSE has suspended trading in Commercial Paper issued by Adani Enterprises Ltd (ISIN: INE423A14XT1, Code: 729731) effective December 23, 2025. The suspension is due to the company fixing a record date for redemption of the Commercial Paper. Trading members are advised not to deal in this instrument from the suspension date.

Key Points

  • Company: Adani Enterprises Ltd
  • Instrument: Commercial Paper
  • ISIN: INE423A14XT1
  • BSE Code: 729731
  • Record Date: December 23, 2025
  • Trading Suspension Date: December 23, 2025
  • Purpose: Redemption of Commercial Paper
  • Circular Reference: DR-783/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice for corporate action processing.

Compliance Requirements

  • Trading members must not execute any trades in the specified Commercial Paper from December 23, 2025
  • Trading members must inform their clients holding this instrument about the trading suspension
  • Settlement of existing trades (if any) prior to suspension date to be completed as per normal settlement cycle

Important Dates

  • Notice Date: December 22, 2025
  • Record Date: December 23, 2025
  • No Dealings From: December 23, 2025

Impact Assessment

Market Impact: Limited to holders of this specific Commercial Paper issue. The suspension is temporary and related to the redemption process.

Operational Impact: Trading members dealing in debt instruments must update their systems to block trading in this ISIN. Investors holding this Commercial Paper will receive redemption proceeds as per the instrument terms.

Investor Impact: Holders of this Commercial Paper as of the record date will be eligible for redemption. No trading opportunity available from December 23, 2025 onwards as the instrument approaches maturity.

Impact Justification

Routine commercial paper redemption affecting specific debt instrument; limited to single issuer with clear timeline