Description

BSE suspends trading in commercial papers of 14 companies including Adani Enterprises, SBICAP Securities, Tata Realty, and others due to upcoming redemptions between January 28 and February 3, 2026.

Summary

BSE has issued a notice suspending trading in commercial papers of 14 companies due to upcoming redemptions. The suspensions take effect from the respective record dates set between January 28, 2026 and February 3, 2026. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates.

Key Points

  • 14 commercial paper securities suspended from trading
  • Suspensions due to record dates fixed for redemption purposes
  • Earliest suspension: January 28, 2026 (Adani Enterprises and SBICAP Securities)
  • Latest suspension: February 3, 2026 (ICICI Securities, 360 ONE WAM, and 360 ONE Prime)
  • Notice number: 20260122-5
  • Applicable to debt segment trading members

Affected Securities

January 28, 2026 Redemptions

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

January 29, 2026 Redemptions

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

February 2, 2026 Redemptions

  • 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 Redemptions

  • 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)

Compliance Requirements

  • Trading members must not deal in the listed commercial papers from their respective no-dealings dates
  • Members must ensure compliance with record date requirements for redemption purposes
  • All transactions must cease on or before the specified suspension dates

Important Dates

  • Notice Date: January 22, 2026
  • First Suspension Date: January 28, 2026
  • Last Suspension Date: February 3, 2026
  • Record Dates: Range from January 28, 2026 to February 3, 2026

Impact Assessment

This is a routine operational circular affecting debt market participants holding or trading commercial papers. The suspension is standard practice when companies fix record dates for redemption of debt instruments. Impact is limited to specific commercial paper holders and will not affect equity markets. The temporary trading halt ensures proper settlement and redemption processes for maturing commercial papers.

Impact Justification

Routine suspension for CP redemption affecting 14 securities; impacts debt market participants but is standard practice for maturing commercial papers