Description

Trading suspended for 12 commercial paper instruments from various companies due to upcoming redemptions between February 5-9, 2026.

Summary

BSE has suspended trading in 12 commercial paper instruments issued by various companies due to upcoming redemptions. The suspensions are effective from the record dates set for redemption purposes, ranging from February 5 to February 9, 2026. Trading members are advised not to deal in these commercial papers from the respective suspension dates.

Key Points

  • 12 commercial paper instruments suspended for trading
  • Suspensions linked to redemption record dates
  • Julius Baer Capital (India) Private Limited has 3 CPs being redeemed
  • Suspension dates: February 5, 6, and 9, 2026
  • Notice issued under Corporate Actions category for Debt segment
  • Trading members instructed to cease dealings from specified dates

Regulatory Changes

No regulatory changes. This is a standard operational procedure for commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the listed commercial papers from their respective suspension dates
  • Members must update their systems to reflect the trading suspension
  • Compliance with record date requirements for redemption process

Important Dates

  • February 5, 2026: Record date and suspension date for Julius Baer Capital CP (INE824H14SR9)
  • February 6, 2026: Record date and suspension date for Julius Baer Capital CP (INE824H14SU3)
  • February 9, 2026: Record date and suspension date for 10 commercial papers:
    • Standard Chartered Capital Limited (INE403G14TD2)
    • ICICI Securities Primary Dealership Limited (INE849D14HW8)
    • Tata Steel Limited (INE081A14GI5)
    • Network 18 Media & Investments Limited (INE870H14WF9)
    • Aditya Birla Real Estate Limited (INE055A14KJ9)
    • Julius Baer Capital (India) Private Limited (INE824H14ST5)
    • Bajaj Financial Securities Limited (INE01C314DG6)
    • Dalmia Cement (Bharat) Limited (INE755K14FP0)
    • Aditya Birla Housing Finance Limited (INE831R14FK5)
    • Mahindra Lifespace Developers Ltd. (INE813A14383)

Impact Assessment

Market Impact: Limited impact on broader market operations. Affects only specific commercial paper holders and debt market participants dealing with these instruments.

Operational Impact: Routine procedure for debt market operations. Trading members need to update systems to prevent inadvertent trading in suspended instruments.

Investor Impact: CP holders should be aware of redemption timelines. No trading opportunity available from suspension dates until redemption completion.

Liquidity Impact: Temporary removal of liquidity for these specific instruments, though this is expected behavior for maturing commercial paper approaching redemption.

Impact Justification

Routine administrative action affecting debt market participants with multiple CP redemptions. Limited impact as suspensions are brief and tied to scheduled redemptions.