Description

BSE suspends trading in commercial papers of 10 companies due to upcoming redemption with record dates ranging from January 7-13, 2026.

Summary

BSE has announced the suspension of trading in commercial papers issued by 10 companies due to upcoming redemptions. Trading members are advised not to deal in these commercial papers from their respective ‘No Dealings From’ dates. The record dates for redemption range from January 7, 2026 to January 13, 2026.

Key Points

  • Total of 10 commercial papers from different companies affected
  • Trading suspension applies to debt segment
  • Record dates set for redemption purposes
  • Notice Number: 20260105-34 (DR-793 to DR-797/2025-2026)
  • Category: Corporate Actions - Debt Segment

Companies Affected

January 7, 2026 Record Date:

  • Dhampur Sugar Mills Ltd. (DSML-9-10-26-CP, INE041A14118) - No dealings from Jan 7

January 9, 2026 Record Date:

  • Bajaj Housing Finance Limited (BHFL-12-01-26-CP, INE377Y14BQ1) - No dealings from Jan 9
  • Infina Finance Private Limited (IFPL-12-01-26-CP, INE879F14LR2) - No dealings from Jan 9

January 11, 2026 Record Date:

  • Navi Finserv Limited (NFL-12-1-26-CP, INE342T14DO6) - No dealings from Jan 9

January 12, 2026 Record Date:

  • Network 18 Media & Investments Limited (NMIL-13-01-26-CP, INE870H14WA0) - No dealings from Jan 12
  • Bajaj Finance Limited (BFL-13-01-26-CP, INE296A14C71) - No dealings from Jan 12

January 13, 2026 Record Date:

  • Julius Baer Capital (India) Private Limited (JBCIPL-14-1-26-CP, INE824H14RC3) - No dealings from Jan 13
  • Infina Finance Private Limited (IFPL-14-1-26-CP, INE879F14KF9) - No dealings from Jan 13
  • Navi Finserv Limited (NFL-14-01-26-CP, INE342T14ER7) - No dealings from Jan 13
  • Network 18 Media & Investments Limited (NMIL-14-1-26-CP, INE870H14WB8) - No dealings from Jan 13

Compliance Requirements

  • Trading members must not deal in the listed commercial papers from their respective suspension dates
  • Trading members must observe the record dates set for redemption purposes
  • Compliance with corporate action timelines as specified

Important Dates

  • Notice Date: January 5, 2026
  • First Suspension Date: January 7, 2026
  • Record Dates: January 7, 9, 11, 12, and 13, 2026
  • Suspension Period: Varies by security (from respective ‘No Dealings From’ dates)

Impact Assessment

This circular has a moderate impact on the debt market segment, specifically affecting holders and traders of commercial papers from the listed companies. The suspension is a standard regulatory procedure to facilitate orderly redemption of maturing commercial papers. Investors holding these instruments should note the record dates for redemption proceeds. The staggered suspension dates minimize market disruption while ensuring proper settlement of redemptions.

Impact Justification

Affects trading in commercial papers of 10 companies with scheduled redemptions. Standard regulatory action with predefined suspension periods.