Description

BSE suspends trading in commercial paper of 10 companies due to upcoming redemption. No dealings permitted from specified record dates.

Summary

BSE has issued a notice suspending trading in commercial paper of 10 companies effective from their respective record dates (January 20-21, 2026) for the purpose of redemption. Trading members are advised not to deal in these commercial paper instruments from the specified dates.

Key Points

  • Trading suspension applies to 10 commercial paper instruments
  • Record dates set for January 20, 2026 (4 instruments) and January 21, 2026 (6 instruments)
  • Trading suspension begins on the same date as the record date for each instrument
  • Purpose of suspension is redemption of commercial paper
  • Notice issued under reference numbers DR-802/2025-2026 and DR-803/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must not deal in the listed commercial paper from the specified “No Dealings From” dates
  • Market participants should note the record dates for redemption purposes
  • Compliance with suspension directive is mandatory for all exchange members

Important Dates

Record Date: January 20, 2026 (No Dealings From: January 20, 2026)

  • Pilani Investment And Industries Corporation Limited (INE417C14850)
  • Standard Chartered Capital Limited (INE403G14TL5)
  • ONGC Petro additions Limited (INE163N14550)
  • Bajaj Financial Securities Limited (INE01C314EB5)

Record Date: January 21, 2026 (No Dealings From: January 21, 2026)

  • Julius Baer Capital (India) Private Limited (INE824H14RH2)
  • Vivriti Capital Limited (INE01HV14979)
  • Godrej Housing Finance Limited (INE02JD14641)
  • Nuvama Wealth and Investment Limited (INE523L14AN6)
  • Navi Finserv Limited (INE342T14ES5)
  • Bajaj Finance Limited (INE296A14E04)

Impact Assessment

Market Impact: Medium - affects debt market participants holding or trading these specific commercial paper instruments. The suspension is temporary and relates to scheduled redemptions.

Operational Impact: Trading members must update their systems to prevent dealing in these instruments from the specified dates. Investors holding these commercial papers will receive redemption proceeds as per the terms.

Issuer Profile: The list includes financial services companies (Bajaj Finance, Bajaj Financial Securities, Standard Chartered Capital), housing finance (Godrej Housing Finance), wealth management (Nuvama), and industrial corporations (Pilani Investment, ONGC Petro additions).

Investor Action: Holders of these commercial papers should prepare for redemption and expect settlement of proceeds according to the instruments’ terms and conditions.

Impact Justification

Affects 10 commercial paper instruments with trading suspension for redemption. Standard corporate action with limited market-wide impact but important for debt market participants holding these instruments.