Description
BSE suspends trading in commercial papers of 10 issuers including Dhampur Sugar Mills, Navi Finserv, Bajaj Housing Finance, and others due to redemption scheduled between January 7-13, 2026.
Summary
BSE has suspended trading in commercial papers of 10 instruments issued by 7 companies effective from January 7-13, 2026. The suspension is due to record dates fixed for redemption purposes. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates.
Key Points
- 10 commercial paper instruments affected across 7 issuers
- Suspension period: January 7-13, 2026
- Reason: Record date fixation for redemption of commercial papers
- Trading members must cease dealing from specified dates
- Notice issued under Corporate Actions category for Debt segment
Affected Commercial Papers
Dhampur Sugar Mills Ltd. (DSML-9-10-26-CP, INE041A14118)
- Record Date: January 7, 2026
- No Dealings From: January 7, 2026
- Reference: DR-793/2025-2026
Navi Finserv Limited (NFL-12-1-26-CP, INE342T14DO6)
- Record Date: January 11, 2026
- No Dealings From: January 9, 2026
- Reference: DR-795/2025-2026
Bajaj Housing Finance Limited (BHFL-12-01-26-CP, INE377Y14BQ1)
- Record Date: January 9, 2026
- No Dealings From: January 9, 2026
- Reference: DR-795/2025-2026
Infina Finance Private Limited (IFPL-12-01-26-CP, INE879F14LR2)
- Record Date: January 9, 2026
- No Dealings From: January 9, 2026
- Reference: DR-795/2025-2026
Network 18 Media & Investments Limited (NMIL-13-01-26-CP, INE870H14WA0)
- Record Date: January 12, 2026
- No Dealings From: January 12, 2026
- Reference: DR-796/2025-2026
Bajaj Finance Limited (BFL-13-01-26-CP, INE296A14C71)
- Record Date: January 12, 2026
- No Dealings From: January 12, 2026
- Reference: DR-796/2025-2026
Julius Baer Capital (India) Private Limited (JBCIPL-14-1-26-CP, INE824H14RC3)
- Record Date: January 13, 2026
- No Dealings From: January 13, 2026
- Reference: DR-797/2025-2026
Infina Finance Private Limited (IFPL-14-1-26-CP, INE879F14KF9)
- Record Date: January 13, 2026
- No Dealings From: January 13, 2026
- Reference: DR-797/2025-2026
Navi Finserv Limited (NFL-14-01-26-CP, INE342T14ER7)
- Record Date: January 13, 2026
- No Dealings From: January 13, 2026
- Reference: DR-797/2025-2026
Network 18 Media & Investments Limited (NMIL-14-1-26-CP, INE870H14WB8)
- Record Date: January 13, 2026
- No Dealings From: January 13, 2026
- Reference: DR-797/2025-2026
Compliance Requirements
- Trading members must not execute any trades in the listed commercial papers from the specified no-dealings dates
- All market participants must adhere to the suspension timeline for each instrument
- Members should update their systems to reflect trading restrictions on these ISINs
Important Dates
- January 7, 2026: Trading suspension begins for Dhampur Sugar Mills CP
- January 9, 2026: Trading suspension begins for Navi Finserv, Bajaj Housing Finance, and Infina Finance CPs
- January 12, 2026: Trading suspension begins for Network 18 Media and Bajaj Finance CPs
- January 13, 2026: Trading suspension begins for Julius Baer Capital, Infina Finance (second instrument), Navi Finserv (second instrument), and Network 18 Media (second instrument) CPs
Impact Assessment
This is a routine operational notice affecting the debt market segment. The trading suspension is procedural and relates to upcoming redemptions of commercial papers. Impact is limited to holders of these specific instruments and does not affect broader market operations. The staggered suspension dates across multiple issuers suggest normal maturity cycles in the commercial paper market.
Impact Justification
Routine trading suspension for commercial paper redemption affecting 10 instruments from 7 issuers. Standard operational procedure with limited market impact.