Description

Trading suspended for 21 commercial papers from various companies due to redemption scheduled between January 22-26, 2026.

Summary

BSE has suspended trading in 21 commercial papers issued by various financial institutions and companies due to scheduled redemptions. The suspension affects instruments from major entities including ICICI Securities, Bajaj Finance, Poonawalla Fincorp, and others. Trading members are advised not to deal in these commercial papers from the specified dates.

Key Points

  • 21 commercial paper instruments suspended from trading
  • Suspensions effective from January 22-23, 2026
  • Record dates set between January 22-26, 2026
  • Affects debt segment of BSE
  • Companies include major financial services firms and NBFCs
  • Trading members prohibited from dealing in listed securities from no dealings date

Regulatory Changes

No regulatory changes. This is a routine operational notice for commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the “No Dealings From” dates
  • Trading members must observe the record dates for redemption purposes
  • Compliance with notices DR-804/2025-2026 and DR-805/2025-2026

Important Dates

Record Date: January 22, 2026 (No Dealings From: January 22, 2026)

  • ICICI Securities Limited (ISL-23-1-26-CP) - INE763G14WP7
  • Birla Group Holdings Private Limited (BGHPL-23-3-25-CP) - INE09OL14GH3
  • Poonawalla Fincorp Limited (PFL-23-1-26-CP) - INE511C14XZ6
  • Bajaj Finance Limited (BFL-23-1-26-CP) - INE296A14ZL3
  • IGH Holdings Private Limited (IHPL-23-1-26-CP) - INE02FN14382
  • Credila Financial Services Limited (CFSL-23-1-26-CP) - INE539K14BU7
  • Infina Finance Private Limited (IFPL-23-1-26-CP) - INE879F14KH5
  • ICICI Home Finance Company Limited (IHFCL-23-1-26-CP) - INE071G14HD2
  • Mirae Asset Sharekhan Financial Services Limited (MASFSL-23-1-26-CP) - INE550X14AK0
  • 360 ONE Prime Limited (OPL-23-1-26-CP) - INE248U14SK9
  • Kotak Mahindra Prime Limited (KMP-23-1-26-CP) - INE916D146F2

Record Date: January 23, 2026 (No Dealings From: January 23, 2026)

  • ICICI Securities Limited (ISL-27-1-26-CP) - INE763G14WQ5
  • Nuvama Clearing Services Limited (NCSL-27-1-26-CP) - INE525L14117
  • Nuvama Wealth Finance Limited (NWFL-27-1-26-CP) - INE918K14CN6
  • Birla Group Holdings Private Limited (BGHPL-27-1-26-CP) - INE09OL14IB2
  • Julius Baer Capital (India) Private Limited (JBCIPL-27-1-26-CP) - INE824H14SP3
  • Godrej Housing Finance Limited (GHFL-27-1-26-CP) - INE02JD14658
  • Poonawalla Fincorp Limited (PFL-27-01-26-CP) - INE511C14YZ4
  • SG Finserve Limited (SGFL-27-01-26-CP) - INE618R14018
  • Mirae Asset Financial Services (India) Private Limited (MAFSIPL-27-01-26-CP) - INE0JRU14321

Record Date: January 24, 2026 (No Dealings From: January 23, 2026)

  • Sterlite Technologies Limited (STL-27-1-26-CP) - INE089C14DQ4

Record Date: January 26, 2026 (No Dealings From: January 23, 2026)

  • Navi Finserv Limited (NFL-27-01-26-CP) - INE342T14DV1

Impact Assessment

Market Impact: Medium - Affects debt market participants dealing with commercial papers. The suspension is temporary and limited to specific instruments approaching maturity.

Operational Impact: Trading members must update their systems to prevent trades in suspended commercial papers. Investors holding these instruments will receive redemption proceeds as per the record dates.

Sectoral Impact: Primarily affects financial services sector as most issuers are NBFCs, financial institutions, and lending companies. This is routine market activity reflecting normal commercial paper lifecycle management.

Impact Justification

Routine commercial paper redemptions affecting 21 instruments from major financial institutions. Trading suspension is temporary and procedural, impacting debt market participants dealing with these specific securities.