Description
Trading suspended for commercial papers of 8 companies due to upcoming redemption with record dates between January 1-6, 2026.
Summary
BSE has suspended trading in commercial papers of 8 companies effective from their respective record dates between January 1-6, 2026. The suspension is due to scheduled redemption of these commercial papers. Trading members are advised not to deal in these instruments from the specified no-dealings dates.
Key Points
- 8 companies’ commercial papers affected by trading suspension
- Suspensions effective between January 1-6, 2026
- Action taken due to companies fixing record dates for redemption
- Trading members explicitly advised against dealing in these instruments
- Notice applies to debt segment only
Affected Commercial Papers
| Company | ISIN Code | Record Date | No Dealings From |
|---|---|---|---|
| Kirloskar Ferrous Industries Ltd. | INE884B14697 (730332) | 01/01/2026 | 01/01/2026 |
| IndoStar Capital Finance Limited | INE896L14EY5 (729500) | 05/01/2026 | 05/01/2026 |
| Capri Global Capital Limited | INE180C14532 (729805) | 05/01/2026 | 05/01/2026 |
| Bajaj Financial Securities Limited | INE01C314DV5 (730792) | 05/01/2026 | 05/01/2026 |
| Infina Finance Private Limited | INE879F14KE2 (728586) | 06/01/2026 | 06/01/2026 |
| ECL Finance Limited | INE804I14YB1 (729796) | 06/01/2026 | 06/01/2026 |
| Samvardhana Motherson International Limited | INE775A14780 (730372) | 06/01/2026 | 06/01/2026 |
| Hindustan Media Ventures Limited | INE871K14430 (730376) | 06/01/2026 | 06/01/2026 |
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice for temporary trading suspension due to scheduled redemption events.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from their respective no-dealings dates
- Members must ensure compliance with suspension directives for debt segment instruments
- Adherence to record date timelines for redemption purposes
Important Dates
- January 1, 2026: Trading suspension and record date for Kirloskar Ferrous Industries Ltd.
- January 5, 2026: Trading suspension and record date for IndoStar Capital Finance, Capri Global Capital, and Bajaj Financial Securities
- January 6, 2026: Trading suspension and record date for Infina Finance, ECL Finance, Samvardhana Motherson International, and Hindustan Media Ventures
Impact Assessment
Market Impact: Limited and temporary impact confined to debt market segment. The suspension affects only commercial paper instruments of 8 specific companies and is part of normal redemption process.
Operational Impact: Trading members holding or dealing in these commercial papers need to cease trading activities from specified dates. Investors holding these instruments will receive redemption proceeds as per scheduled maturity.
Duration: Short-term impact as suspensions are directly tied to redemption events occurring within the first week of January 2026.
Impact Justification
Affects trading in commercial papers of 8 companies but limited to specific debt instruments with short-term impact due to scheduled redemptions