Description

Trading suspended for commercial papers of 22 companies due to redemption with record dates on January 22-26, 2026.

Summary

BSE has suspended trading in commercial papers of 22 companies effective from their respective record dates (January 22-26, 2026) due to scheduled redemptions. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates.

Key Points

  • 22 commercial papers suspended for trading due to redemption
  • Record dates: January 22, 23, 24, and 26, 2026
  • No dealings allowed from respective record dates
  • Affects major financial institutions including ICICI Securities, Bajaj Finance, Poonawalla Fincorp, Kotak Mahindra Prime, and Nuvama entities
  • Notice numbers: DR-804/2025-2026 and DR-805/2025-2026

Affected Companies

Record Date: January 22, 2026 (11 companies)

  • 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 (9 companies)

  • 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 Jan 23)

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

Record Date: January 26, 2026 (No dealings from Jan 23)

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

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from their respective no-dealings dates
  • All transactions must cease before the record date for redemption
  • Members should update their systems to reflect trading suspension

Important Dates

  • Notice Date: January 19, 2026
  • No Dealings Start: January 22, 2026 (for 11 CPs) and January 23, 2026 (for 11 CPs)
  • Record Dates: January 22, 23, 24, and 26, 2026
  • Purpose: Redemption of Commercial Paper

Impact Assessment

This is a routine corporate action affecting the debt market segment. The suspension impacts commercial papers from major NBFCs and financial services companies. Trading members holding these instruments should plan redemption settlement. No impact on equity markets. The staggered record dates allow for systematic processing of multiple redemptions across different issuers.

Impact Justification

Routine suspension notice for commercial paper redemptions affecting 22 debt instruments from various NBFCs and financial services companies. Standard corporate action with specific no-dealings dates.