Description

Listing of commercial paper issued by Bajaj Finance, Birla Group Holdings, Bajaj Financial Securities, Adani Enterprises, ECL Finance, and Nuvama Wealth on BSE Debt Segment.

Summary

BSE has listed commercial paper issued on private placement basis by six companies on its Debt Segment effective February 5, 2026. The securities will trade in dematerialized form only with standard denomination of Rs.5 lakhs and multiples thereof, with a tick size of 1 paise.

Key Points

  • Six companies’ commercial paper listed: Bajaj Finance Ltd, Birla Group Holdings Pvt Ltd, Bajaj Financial Securities Ltd, Adani Enterprises Ltd, ECL Finance Ltd, and Nuvama Wealth Management Ltd
  • Trading only in dematerialized form under respective ISIN numbers
  • Standard denomination: Rs.5 lakhs and multiples
  • Tick size: 1 paise
  • All securities carry A1+ credit ratings from CRISIL/ICRA/IND/CARE/IVR

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

Trading members must:

  • Trade these securities only in dematerialized form
  • Adhere to standard denomination of Rs.5 lakhs and multiples
  • Follow tick size of 1 paise
  • Contact debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Effective Date: February 5, 2026
  • Bajaj Finance Ltd CP: Allotment 04/02/2026, Redemption 04/02/2027 (7.36% p.a., Qty 10,000)
  • Birla Group Holdings Pvt Ltd CP: Allotment 05/02/2026, Redemption 04/02/2027 (8% p.a., Qty 7,000)
  • Bajaj Financial Securities Ltd CP: Allotment 04/02/2026, Redemption 17/04/2026 (7.65% p.a., Qty 20,000)
  • Adani Enterprises Ltd CP: Allotment 04/02/2026, Redemption 06/05/2026 (7.25% p.a., Qty 800)
  • ECL Finance Ltd CP: Allotment 04/02/2026, Redemption 04/08/2026 (8.65% p.a., Qty 500)

Impact Assessment

Market Impact: Minimal. This is a routine listing notification for privately placed commercial paper on the debt segment.

Operational Impact: Affects only trading members dealing in debt securities. Provides additional debt instruments for institutional investors and qualified buyers who participate in the debt market.

Investor Impact: Relevant only for debt market participants and institutional investors with access to commercial paper trading. No impact on equity investors.

Impact Justification

Routine listing of privately placed commercial paper with no market-wide implications. Affects only debt market participants trading these specific instruments.