Description

Trading suspended for commercial papers of 25 companies due to redemption between January 22-30, 2026. Includes L&T Metro Rail, ECL Finance, JSW Energy, Bajaj Finance, and others.

Summary

BSE has announced the suspension of trading in commercial papers of 25 companies due to scheduled redemptions between January 22-30, 2026. Trading members are advised not to deal in these commercial papers from their respective record dates. The suspension affects major financial institutions and corporates including L&T Metro Rail (Hyderabad), ECL Finance, Supreme Industries, JSW Energy, Bajaj Finance, Bajaj Housing Finance, Tata Power, Godrej Housing Finance, and others.

Key Points

  • 25 commercial papers suspended from trading due to redemption
  • Suspension period: January 22, 2026 to January 30, 2026
  • Record dates set for redemption ranging from January 22 to January 30, 2026
  • Trading members prohibited from dealing in these commercial papers from respective no-dealing dates
  • Notice covers multiple sectors: financial services, infrastructure, manufacturing, media, and housing finance
  • Each company has fixed a specific record date for redemption purposes

Regulatory Changes

No regulatory changes introduced. This is a standard operational notice for scheduled commercial paper redemptions.

Compliance Requirements

  • Trading members must not execute any trades in the specified commercial papers from their respective no-dealing dates
  • Trading members should update their systems to reflect the trading suspension
  • Compliance with record date requirements for redemption processing

Important Dates

January 22, 2026:

  • L&T Metro Rail (Hyderabad) Limited - LTMR-23-1-26-CP (INE128M14AX1) - No dealings from 22/01/2026

January 23, 2026:

  • ECL Finance Limited - ECLF-27-1-26-CP (INE804I14XW9) - No dealings from 23/01/2026
  • Supreme Industries Ltd. - SIL-27-1-26-CP (INE195A14CC5) - No dealings from 23/01/2026

January 27, 2026:

  • JSW Energy Limited - JEL-28-1-26-CP (INE121E14367) - No dealings from 27/01/2026
  • Bajaj Finance Limited - BFL-28-01-26-CP (INE296A14C63) - No dealings from 27/01/2026
  • Navi Finserv Limited - NFL-28-1-26-CP (INE342T14EU1) - No dealings from 27/01/2026
  • Tata Power Co. Ltd - TPCL-28-01-26-CP (INE245A14KK4) - No dealings from 27/01/2026
  • Godrej Housing Finance Limited - GHFL-28-1-26-CP (INE02JD14674) - No dealings from 27/01/2026
  • 360 ONE Prime Limited - OPL-28-1-26-CP (INE248U14SN3) - No dealings from 27/01/2026
  • Bajaj Housing Finance Limited - BHFL-28-1-26-CP (INE377Y14BU3) - No dealings from 27/01/2026

January 28, 2026:

  • Birla Group Holdings Private Limited - BGHPL-29-1-26-CP (INE09OL14GI1) - No dealings from 28/01/2026
  • Standard Chartered Capital Limited - SCCL-29-1-26-CP (INE403G14TG5) - No dealings from 28/01/2026
  • Time Technoplast Limited - TTL-29-1-26-CP (INE508G14HU7) - No dealings from 28/01/2026
  • Muthoot Microfin Limited - MML-29-1-26-CP (INE046W14103) - No dealings from 28/01/2026
  • Mirae Asset Financial Services (India) Private Limited - MAFSPL-29-1-26-CP (INE0JRU14305) - No dealings from 28/01/2026
  • Godrej Housing Finance Limited - GHFL-29-1-26-CP (INE02JD14666) - No dealings from 28/01/2026
  • Fedbank Financial Services Limited - FFS-29-1-26-CP (INE007N14EG2) - No dealings from 28/01/2026

January 29, 2026:

  • Motilal Oswal Finvest Limited - MOFL-30-1-26-CP (INE01WN14BO6) - No dealings from 29/01/2026
  • Vivriti Capital Limited - VCL-30-1-26-CP (INE01HV14AD5) - No dealings from 29/01/2026
  • KEC International Ltd. - KECIL-30-1-26-CP (INE389H14LM9) - No dealings from 29/01/2026
  • Infina Finance Private Limited - IFPL-30-1-26 (INE879F14LT8) - No dealings from 29/01/2026

January 30, 2026:

  • Time Technoplast Limited - TTL-02-02-26-CP (INE508G14HV5) - No dealings from 30/01/2026
  • Network 18 Media & Investments Limited - N18MIL-02-02-26-CP (INE870H14WC6) - No dealings from 30/01/2026
  • Tata Power Co. Ltd - TPCL-02-02-26-CP (INE245A14KL2) - No dealings from 30/01/2026
  • Tata Housing Development Company Limited - THDL-2-2-26-CP (INE582L14IZ9) - No dealings from 30/01/2026

Impact Assessment

Market Impact: Limited systemic impact as this is a routine redemption process. The suspension affects only specific commercial paper instruments and does not impact equity trading or other debt instruments of these companies.

Liquidity Impact: Temporary reduction in liquidity for the specified commercial papers, though this is expected as part of the normal redemption cycle.

Investor Impact: Investors holding these commercial papers will receive redemption proceeds on the respective maturity dates. No trading opportunity available from the no-dealing dates.

Sector Coverage: Diverse sector representation including financial services (Bajaj Finance, ECL Finance, Fedbank), infrastructure (L&T Metro Rail, KEC International), manufacturing (Supreme Industries, Time Technoplast), power (JSW Energy, Tata Power), housing finance (Godrej Housing Finance, Bajaj Housing Finance), and media (Network 18).

Impact Justification

Routine redemption-related trading suspension affecting 25 commercial papers across various sectors. Standard corporate action with no systemic market impact but relevant for debt market participants.