Description

Book closure and record date announcements for various securities including commercial papers and non-convertible debentures for dividend, interest payments, and redemptions.

Summary

BSE Daily Bulletin No. 183/2025-2026 dated December 24, 2025, announces book closure and record dates for various corporate actions including commercial paper redemptions, non-convertible debenture interest payments, and partial redemptions across multiple issuers.

Key Points

  • Multiple record dates set for commercial paper redemptions and NCD interest payments
  • One cancellation noted: Bajaj Financial Securities Limited CP redemption originally scheduled for March 19, 2026
  • Covers securities from companies including Adani Enterprises, Bajaj Financial Securities, JSW Steel, Credila Financial Services, and others
  • All securities are privately placed instruments (commercial papers and NCDs)
  • Trading flag set to 1 (trading continues) for all listed securities

Important Dates

December 2025:

  • December 26, 2025: Everest Nisarg Greenland Developers - Interest payment (RD)
  • December 27, 2025: Choice Finserv Private Limited - Interest payment (RD)
  • December 29, 2025: Adani Enterprises Ltd - CP redemption (RD)

January 2026:

  • January 3, 2026: JSW Steel Limited - Interest payment (RD)
  • January 10, 2026: Berar Finance Limited - Interest payment (RD) [2 securities]
  • January 12, 2026: Akara Capital Advisors - Interest payment (RD)
  • January 13, 2026: Akara Capital Advisors - Part redemption of NCD & Interest payment (RD)
  • January 14, 2026: Akara Capital Advisors - Interest payment (RD)
  • January 17, 2026: Credila Financial Services - Interest payment (RD) [2 securities]
  • January 24, 2026: Credila Financial Services - Interest payment (RD)
  • January 27, 2026: Choice Finserv Private Limited - Interest payment (RD)

February 2026:

  • February 10, 2026: Credila Financial Services - Interest payment (RD)
  • February 11, 2026: Credila Financial Services - Interest payment (RD)

March 2026:

  • March 19, 2026: Bajaj Financial Securities - CP redemption (CANCELLED)
  • March 20, 2026: Bajaj Financial Securities - CP redemption (RD)

Later dates:

  • April 2, 2026: JSW Steel Limited - Interest payment (RD)
  • July 3, 2026: JSW Steel Limited - Interest payment (RD)
  • October 1, 2026: JSW Steel Limited - Interest payment & Part redemption (RD)

Compliance Requirements

  • Issuers must honor the announced record dates for determining entitlement to interest payments, dividends, or redemptions
  • Trading members should note the record dates for client servicing
  • One corporate action cancelled (Bajaj Financial Securities CP redemption on March 19, 2026) - members should update systems accordingly

Impact Assessment

This is a routine administrative bulletin with minimal market impact. The announcements primarily affect debt security holders and do not materially impact equity trading operations. The cancellation and rescheduling of one Bajaj Financial Securities CP redemption is a minor administrative adjustment. Investors and trading members should note the dates for settlement and entitlement purposes.

Impact Justification

Routine disclosure of book closure and record dates for corporate actions on debt securities. Limited direct impact on equity trading.