Description

Trading suspended for 22 commercial papers from various financial institutions due to redemption with record dates of January 22-26, 2026.

Summary

BSE has announced the suspension of trading in 22 commercial papers issued by various financial institutions and companies. The suspension is due to upcoming redemptions with record dates falling between January 22-26, 2026. Trading members are advised not to deal in these securities from the specified no-dealings dates.

Key Points

  • 22 commercial papers from multiple issuers are subject to trading suspension
  • Record dates range from January 22-26, 2026
  • Purpose: Redemption of Commercial Paper
  • Trading suspension effective from respective no-dealings dates (January 22-23, 2026)
  • Notice references: DR-804/2025-2026 and DR-805/2025-2026

Affected Issuers

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 23-26, 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)
  • Navi Finserv Limited (NFL-27-01-26-CP, INE342T14DV1, Record Date: January 26)
  • Sterlite Technologies Limited (STL-27-1-26-CP, INE089C14DQ4, Record Date: January 24)
  • 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)

Regulatory Changes

No new regulatory changes. This is a routine corporate action notice for commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the respective no-dealings dates
  • Compliance with record date requirements for redemption purposes
  • Adherence to DR-804/2025-2026 and DR-805/2025-2026 directives

Important Dates

  • Notice Date: January 19, 2026
  • First No Dealings Date: January 22, 2026 (for 11 securities)
  • Second No Dealings Date: January 23, 2026 (for 11 securities)
  • Record Dates: January 22-26, 2026 (various securities)

Impact Assessment

This notice affects the debt market segment, specifically commercial paper trading. The impact is limited to holders and traders of these specific instruments. The suspension is temporary and routine, related to scheduled redemptions. Financial institutions including ICICI Securities, Bajaj Finance, Poonawalla Fincorp, Kotak Mahindra Prime, and Sterlite Technologies are among the affected issuers. Investors holding these commercial papers will receive redemption proceeds as per their holdings on the respective record dates.

Impact Justification

Routine suspension for commercial paper redemptions affecting multiple issuers but limited to debt segment with clear timelines