Description
BSE suspends trading in commercial papers of 9 companies including Julius Baer Capital, Adani Enterprises, and others from January 6-8, 2026 due to redemption record dates.
Summary
BSE has announced the suspension of trading in commercial papers issued by 9 companies effective from January 6-8, 2026. The suspension is due to companies fixing record dates for commercial paper redemption. Trading members are advised not to deal in these specific commercial paper instruments from the respective no-dealings dates.
Key Points
- 9 commercial paper instruments affected across 8 distinct issuers
- Trading suspension dates range from January 6-8, 2026
- Record dates coincide with no-dealings dates for all instruments
- Applies to debt segment only
- Trading members must comply with suspension directives
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for commercial paper redemption procedures.
Compliance Requirements
- Trading members must not execute any deals in the listed commercial papers from respective no-dealings dates
- Compliance with record date requirements for redemption purposes
- Adherence to DR (Debt Registry) notifications: DR-792/2025-2026, DR-793/2025-2026, and DR-794/2025-2026
Important Dates
January 6, 2026:
- Julius Baer Capital (India) Private Limited (INE824H14SM0) - Record Date & No Dealings From
- Adani Enterprises Ltd. (INE423A14YJ0) - Record Date & No Dealings From
January 7, 2026:
- ARKA FINCAP LIMITED (INE03W114666) - Record Date & No Dealings From
- Axis Finance Limited (INE891K14PP2) - Record Date & No Dealings From
January 8, 2026:
- Nuvama Wealth and Investment Limited (INE523L14AJ4) - Record Date & No Dealings From
- VIVRITI CAPITAL LIMITED (INE01HV14953) - Record Date & No Dealings From
- Tata Housing Development Company Limited (INE582L14IY2) - Record Date & No Dealings From
- Redington Limited (INE891D14A95) - Record Date & No Dealings From
- Bajaj Financial Securities Limited (INE01C314DP7) - Record Date & No Dealings From
Impact Assessment
Market Impact: Medium - affects debt market participants dealing in commercial papers. No impact on equity markets.
Operational Impact: Trading members must update systems to block trading in specified ISINs. Temporary liquidity impact for holders of these commercial papers during suspension period.
Investor Impact: Investors holding these commercial papers should be aware of upcoming redemptions. No new positions can be taken from the respective no-dealings dates.
Sectoral Distribution: Affects diverse sectors including financial services (Julius Baer, Axis Finance, Nuvama, Vivriti Capital, Bajaj Financial), conglomerates (Adani Enterprises), housing finance (Tata Housing), and technology distribution (Redington).
Impact Justification
Affects multiple commercial paper instruments with specific trading suspensions for redemption purposes. Limited to debt segment with defined timeline from Jan 6-8, 2026.