Description
BSE suspends trading in commercial paper of 11 companies due to upcoming redemptions between January 29 and February 5, 2026.
Summary
BSE has issued notice suspending trading in commercial paper of 11 companies effective from their respective record dates. The suspensions are due to scheduled redemptions of commercial paper between January 29, 2026 and February 5, 2026. Trading members are advised not to deal in these securities from the specified dates.
Key Points
- 11 commercial paper instruments affected by trading suspension
- Suspensions range from January 29 to February 5, 2026
- Action taken due to record dates fixed for redemption purposes
- Trading members instructed not to deal in listed securities
- Notice categorized under Corporate Actions - Debt segment
Regulatory Changes
No regulatory changes. This is a standard operational notice for corporate actions in the debt market segment.
Compliance Requirements
- Trading members must not execute trades in the specified commercial paper from the respective “No Dealings From” dates
- Adherence to record date requirements for redemption processing
- Members must update their trading systems to reflect suspension status
Important Dates
| Company | ISIN | Record Date | Trading Suspension From |
|---|---|---|---|
| Kirloskar Ferrous Industries Ltd. | INE884B14705 | 29/01/2026 | 29/01/2026 |
| Credila Financial Services Limited | INE539K14BV5 | 30/01/2026 | 30/01/2026 |
| PCBL Chemical Limited | INE602A14489 | 03/02/2026 | 03/02/2026 |
| IndoStar Capital Finance Limited | INE896L14EO6 | 04/02/2026 | 04/02/2026 |
| Kotak Mahindra Prime Limited | INE916D144U6 | 04/02/2026 | 04/02/2026 |
| SIKKA PORTS & TERMINALS LTD | INE941D14733 | 04/02/2026 | 04/02/2026 |
| ICICI HOME FINANCE COMPANY LIMITED | INE071G14HE0 | 04/02/2026 | 04/02/2026 |
| KEC International Ltd. | INE389H14LO5 | 04/02/2026 | 04/02/2026 |
| Aditya Birla Housing Finance Limited | INE831R14FJ7 | 04/02/2026 | 04/02/2026 |
| Larsen & Toubro Limited | INE018A14LS6 | 04/02/2026 | 04/02/2026 |
| Nexus Select Trust | INE0NDH14106 | 04/02/2026 | 04/02/2026 |
Impact Assessment
Market Impact: Limited to debt market participants holding these specific commercial paper instruments. No equity market impact.
Operational Impact: Trading members must ensure compliance systems prevent trading in suspended securities. Investors holding these instruments will receive redemption proceeds on maturity as per terms.
Investor Impact: Holders of these commercial papers should prepare for redemption proceeds. No trading liquidity available from suspension date until redemption completion.
Impact Justification
Routine trading suspension for commercial paper redemptions affecting 11 debt instruments. Standard corporate action with limited market-wide impact, relevant only to debt market participants holding these specific securities.