Description
BSE revises record date from January 14, 2026 to January 13, 2026 for redemption of Commercial Paper of five companies including Bajaj Housing Finance, Bajaj Finance, Axis Finance, Navi Finserv, and Bajaj Financial Securities.
Summary
BSE has issued a revised notice regarding the suspension of trading in Commercial Paper of five financial companies. The record date for redemption has been revised from January 14, 2026 to January 13, 2026. Consequently, the no dealing date has also been advanced to January 13, 2026. This notice supersedes the previous Exchange Notice No. 20260107-7 dated January 07, 2026.
Key Points
- Record date revised from January 14, 2026 to January 13, 2026
- No dealing/suspension date advanced to January 13, 2026
- Affects five companies: Bajaj Housing Finance Ltd, Bajaj Finance Ltd, Axis Finance Ltd, Navi Finserv Ltd, and Bajaj Financial Securities Ltd
- Purpose: Redemption of Commercial Paper
- Reference: DR-797/2025-2026
- Notice supersedes previous notice dated January 07, 2026
Regulatory Changes
No new regulatory changes introduced. This is a revision of previously announced suspension dates for Commercial Paper redemption.
Compliance Requirements
- Trading members must note the revised record date of January 13, 2026
- No dealing in the specified Commercial Papers from January 13, 2026
- Trading members should update their systems and processes to reflect the one-day advancement
Important Dates
- Notice Date: January 12, 2026
- Revised Record Date: January 13, 2026 (previously January 14, 2026)
- Revised No Dealings From: January 13, 2026 (previously January 14, 2026)
- Original Notice Date: January 07, 2026 (Exchange Notice No. 20260107-7)
Affected Securities
| Company Name | Code | ISIN | Revised Record Date | No Dealings From |
|---|---|---|---|---|
| Bajaj Housing Finance Ltd | BHFL-15-01-26-CP | INE377Y14BT5 (730415) | 13/01/2026 | 13/01/2026 |
| Bajaj Finance Ltd | BFL-15-1-26-CP | INE296A14C55 (730398) | 13/01/2026 | 13/01/2026 |
| Axis Finance Ltd | AFL-15-01-26-CP | INE891K14PC0 (729577) | 13/01/2026 | 13/01/2026 |
| Navi Finserv Ltd | NFL-15-01-26-CP | INE342T14EP1 (730405) | 13/01/2026 | 13/01/2026 |
| Bajaj Financial Securities Ltd | BFS-15-1-26-CP | INE01C314DX1 (730799) | 13/01/2026 | 13/01/2026 |
Impact Assessment
Market Impact: Medium - The one-day advancement of the record date and suspension date may require immediate adjustments by trading members and investors holding these Commercial Papers.
Operational Impact: Trading members must quickly update their systems and notify clients about the revised dates. The short notice period (announced on January 12 for implementation on January 13) creates operational urgency.
Investor Impact: Investors seeking to be eligible for redemption must ensure their holdings are recorded by the revised record date of January 13, 2026, one day earlier than previously announced.
Impact Justification
Time-sensitive revision affecting trading in Commercial Paper of five major financial companies with one-day advance in record date requiring immediate action from trading members.