Description

BSE suspends trading in commercial papers of 14 companies including Adani Enterprises, Tata Realty, Bajaj Financial Securities, and others due to upcoming redemptions between January 28 and February 4, 2026.

Summary

BSE has announced the suspension of trading in commercial papers issued by 14 companies effective from their respective record dates. The suspensions are scheduled between January 28, 2026, and February 4, 2026, due to upcoming redemptions. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates.

Key Points

  • 14 commercial papers from various companies will be suspended for trading
  • Suspensions range from January 28, 2026 to February 4, 2026
  • Record dates have been fixed for redemption purposes
  • Trading members must cease dealings from the specified dates
  • Companies include major entities like Adani Enterprises (2 CPs), Tata Realty, 360 ONE (2 CPs), Bajaj Financial Securities, ICICI Securities, and others
  • Notice number: 20260122-5, reference DR-807 through DR-812/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must not execute any trades in the specified commercial papers from their respective no-dealings dates
  • Trading members must ensure their systems reflect the suspension status for these securities
  • All pending orders for these commercial papers should be cancelled or rejected from the suspension date

Important Dates

January 28, 2026:

  • Adani Enterprises Ltd. (AEL-29-1-26-CP, INE423A14YL6)
  • SBICAP Securities Limited (SSL-29-1-26-CP, INE212K14CO2)

January 29, 2026:

  • Tata Realty and Infrastructure Limited (TRIL-30-1-26-CP, INE371K14DB1)
  • Adani Enterprises Ltd. (AEL-30-1-26-CP, INE423A14YO0)

February 2, 2026:

  • 360 ONE WAM LIMITED (360OWL-03-02-26-CP, INE466L14EE9)
  • Bajaj Financial Securities Limited (BFSL-03-02-26-CP, INE01C314DD3)
  • Network 18 Media & Investments Limited (N18MIL-03-02-26-CP, INE870H14WD4)
  • Mahindra Lifespace Developers Ltd. (MLDL-3-2-26-CP, INE813A14375)
  • Aditya Birla Housing Finance Limited (ABHF-3-2-26-CP, INE831R14FI9)
  • Axis Finance Limited (AFL-3-2-26-CP, INE891K14PO5)
  • POONAWALLA FINCORP LIMITED (PFL-3-2-26-CP, INE511C14ZA4)

February 3, 2026:

  • ICICI Securities Limited (ISL-4-2-26-CP, INE763G14WW3)
  • 360 ONE WAM LIMITED (360OWL-04-02-26-CP, INE466L14ED1)
  • 360 ONE Prime Limited (OPL-4-2-26-CP, INE248U14QW8)

Impact Assessment

Market Impact: Low to medium. This is a routine administrative action for commercial paper redemptions. The suspensions are temporary and expected as part of the normal debt instrument lifecycle.

Operational Impact: Trading members dealing in debt securities need to update their systems and inform clients holding these commercial papers about the upcoming redemptions. No trading activity will be permitted in these instruments from the specified dates.

Investor Impact: Holders of these commercial papers will receive redemption proceeds on their respective maturity dates. The suspension prevents any secondary market trading that could complicate the redemption process.

Impact Justification

Routine suspension of commercial paper trading ahead of scheduled redemptions affecting 14 debt instruments. Standard market operation with no unexpected market disruption.