Description

BSE suspends trading in commercial paper of 12 issuers due to redemption, with record dates between January 29 and February 6, 2026.

Summary

BSE has announced the suspension of trading in commercial paper issued by 12 companies due to upcoming redemptions. Trading members are advised not to deal in these instruments from their respective no-dealings dates, which range from January 29 to February 6, 2026. This is a standard procedural suspension to facilitate the redemption process.

Key Points

  • 12 commercial paper instruments suspended for trading
  • Suspensions effective between January 29 and February 6, 2026
  • Purpose: Redemption of commercial paper on respective record dates
  • Trading members advised not to deal in these instruments from specified dates
  • Affects debt segment only

Regulatory Changes

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

Compliance Requirements

  • Trading members must not deal in the listed commercial paper from their respective no-dealings dates
  • Members must note the record dates for redemption purposes
  • Adherence to suspension period is mandatory until redemption completion

Important Dates

  • January 29, 2026: Bajaj Financial Securities Limited (BFSL-30-01-26-CP) - Record date and no dealings from date
  • February 4, 2026: Birla Group Holdings Private Limited (BGHPL-5-2-26-CP) and Supreme Industries Ltd (SIL-5-2-26-CP) - Record date and no dealings from date
  • February 5, 2026: 9 instruments from Pilani Investment, Motilal Oswal Financial Services, Birla Group Holdings, ICICI Securities, Axis Finance, SBICAP Securities, Bajaj Financial Securities, National Bank for Agriculture and Rural Development, and Nexus Select Trust - Record date and no dealings from date

Impact Assessment

Market Impact: Limited to debt segment participants holding or trading these specific commercial paper instruments. No impact on equity markets.

Operational Impact: Trading members dealing in commercial paper must update their systems and avoid transactions in these 12 instruments during suspension period.

Investor Impact: Holders of these commercial papers will receive redemption proceeds on respective record dates. No action required from investors as this is a maturity event.

Liquidity Impact: Temporary removal of trading liquidity for these specific instruments until redemption is completed.

Impact Justification

Routine suspension affecting 12 commercial paper instruments for redemption purposes. Limited to debt segment with specific issuers, not broad market impact.