Description

Trading suspended for 12 commercial papers issued by various companies due to redemption between January 29, 2026 and February 6, 2026.

Summary

BSE has suspended trading in 12 commercial papers issued by various financial institutions and corporations due to scheduled redemptions. The suspensions are effective from the respective record dates set between January 29, 2026 and February 6, 2026. Trading members are advised not to deal in these securities from the specified dates.

Key Points

  • 12 commercial papers from 10 different issuers are subject to trading suspension
  • Suspensions range from January 29, 2026 to February 6, 2026
  • Record dates fixed for redemption purposes
  • Notice issued under reference numbers DR-808/2025-2026 through DR-814/2025-2026
  • Affects debt segment only

Regulatory Changes

No regulatory changes. This is a standard corporate action notice for commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from their respective “No Dealings From” dates
  • Members must update their systems to reflect trading suspension status
  • Compliance with record date requirements for redemption processing

Important Dates

  • January 29, 2026: Bajaj Financial Securities Limited CP (BFSL-30-01-26-CP, ISIN: INE01C314EE9)
  • February 4, 2026: Birla Group Holdings Private Limited CP (BGHPL-5-2-26-CP, ISIN: INE09OL14GL5); Supreme Industries Ltd CP (SIL-5-2-26-CP, ISIN: INE195A14CD3)
  • February 5, 2026: Pilani Investment And Industries Corporation Limited CP (PIAICL-06-02-26-CP, ISIN: INE417C14868); Motilal Oswal Financial Services Limited CP (MOFSL-6-2-26-CP, ISIN: INE338I14JF2); Birla Group Holdings Private Limited CP (BGHPL-6-2-26-CP, ISIN: INE09OL14GM3); ICICI Securities Limited CP (ISL-6-2-26-CP, ISIN: INE763G14XA7); Axis Finance Limited CP (AXFL-6-2-26-CP, ISIN: INE891K14OW1); SBICAP Securities Limited CP (SSL-6-2-26-CP, ISIN: INE212K14CP9); Bajaj Financial Securities Limited CP (BFSL-6-2-26-CP, ISIN: INE01C314DE1); National Bank for Agriculture and Rural Development CP (NBAR-6-2-26-CP, ISIN: INE261F14ON6); Nexus Select Trust CP (NST-6-2-26-CP, ISIN: INE0NDH14098)

Impact Assessment

Market Impact: Minimal. This is a routine corporate action affecting only the debt segment commercial paper market. The suspensions are temporary and related to scheduled redemptions.

Operational Impact: Trading members need to update their systems to prevent inadvertent trading in suspended securities. Investors holding these commercial papers will receive redemption proceeds as per terms.

Investor Impact: Limited to holders of the specific commercial papers who will have their investments redeemed on the respective record dates. No trading opportunity loss as these are near-maturity instruments.

Impact Justification

Routine trading suspension for commercial paper redemptions affecting only debt segment instruments with short-term impact limited to specific securities.