Description

BSE suspends trading in Commercial Paper for 11 companies from January 29 to February 4, 2026, due to redemption record dates.

Summary

BSE has announced the suspension of trading in Commercial Paper (CP) for 11 companies effective from January 29 to February 4, 2026. The suspension is due to the companies fixing record dates for the redemption of their Commercial Paper. Trading members are advised not to deal in these securities from the specified no-dealings dates.

Key Points

  • 11 companies have fixed record dates for CP redemption
  • Trading suspension applies to debt segment only
  • No dealings permitted from respective record dates
  • Suspension period spans January 29 to February 4, 2026
  • Notice issued under Corporate Actions category

Affected Securities

January 29, 2026:

  • Kirloskar Ferrous Industries Ltd. (KFIL-30-1-26-CP, INE884B14705)

January 30, 2026:

  • Credila Financial Services Limited (CFSL-02-02-26-CP, INE539K14BV5)

February 3, 2026:

  • PCBL Chemical Limited (PCL-4-2-26-CP, INE602A14489)

February 4, 2026:

  • IndoStar Capital Finance Limited (ICFL-5-2-26-CP, INE896L14EO6)
  • Kotak Mahindra Prime Limited (KMPL-5-2-26-CP, INE916D144U6)
  • SIKKA PORTS & TERMINALS LTD (SPT-5-2-26-CP, INE941D14733)
  • ICICI HOME FINANCE COMPANY LIMITED (IHF-5-2-26-CP, INE071G14HE0)
  • KEC International Ltd. (KECIL-05-02-26-CP, INE389H14LO5)
  • Aditya Birla Housing Finance Limited (ABHFL-5-2-26-CP, INE831R14FJ7)
  • Larsen & Toubro Limited (LTL-5-2-26-CP, INE018A14LS6)
  • Nexus Select Trust (NST-5-2-26-CP, INE0NDH14106)

Compliance Requirements

  • Trading members must not deal in the specified Commercial Paper securities from the no-dealings dates
  • Members must ensure systems are updated to prevent inadvertent trading in suspended instruments
  • Compliance with record date requirements for redemption processing

Important Dates

  • Notice Date: January 23, 2026
  • First Suspension Date: January 29, 2026 (Kirloskar Ferrous)
  • Second Suspension Date: January 30, 2026 (Credila Financial)
  • Third Suspension Date: February 3, 2026 (PCBL Chemical)
  • Fourth Suspension Date: February 4, 2026 (8 companies)

Impact Assessment

This is a routine corporate action affecting the debt market segment. The impact is limited to investors and trading members holding or dealing in these specific Commercial Paper instruments. The suspensions are temporary and related to normal redemption processes. Multiple financial sector companies including NBFC, housing finance, and industrial conglomerates are included, indicating regular commercial paper maturity cycle activities.

Impact Justification

Routine suspension affecting 11 Commercial Paper instruments for redemption purposes. Limited to debt market participants dealing in CP securities.