Description

BSE announces suspension of trading in commercial paper for 15 companies due to record dates set for redemption between February 9-12, 2026.

Summary

BSE has announced the suspension of trading in commercial paper for 15 companies that have fixed record dates for redemption purposes. Trading members are advised not to deal in these commercial papers from the specified no-dealings dates, which range from February 9-12, 2026.

Key Points

  • 15 companies have set record dates for commercial paper redemption
  • Trading suspension dates: February 9, 11, and 12, 2026
  • Majority of redemptions (13 out of 15) scheduled for February 12, 2026
  • Trading members must cease dealings from the specified dates
  • Notice issued under Corporate Actions category for Debt segment

Companies Affected

February 9, 2026:

  • Jindal Saw Ltd. (INE324A14985) - Code: JSL-10-2-26-CP

February 11, 2026:

  • Muthoot Fincorp Limited (INE549K14BW2) - Code: MFL-27-2-26-CP

February 12, 2026:

  • Godrej Housing Finance Limited (INE02JD14591) - Code: GHFL-13-2-26-CP
  • GIC Housing Finance Ltd. (INE289B14JL0) - Code: GICHFL-13-02-26-CP
  • 360 ONE Prime Limited (INE248U14RZ9) - Code: 360OPL-13-02-26-CP
  • Julius Baer Capital (India) Private Limited (INE824H14SV1) - Code: JBCIPL-13-02-26-CP
  • Infina Finance Private Limited (INE879F14LW2) - Code: IFPL-13-2-26-CP
  • DSP Finance Private Limited (INE422H14099) - Code: DFPL-13-2-26-CP
  • Sharekhan Limited (INE211H14AG0) - Code: SL-13-2-26-CP
  • Manappuram Finance Limited (INE522D14OW7) - Code: MFL-13-2-26-CP
  • Bajaj Financial Securities Limited (INE01C314DI2) - Code: BFSL-13-02-26-CP
  • Network 18 Media & Investments Limited (INE870H14WG7) - Code: NMIL-13-2-26-CP
  • Aditya Birla Housing Finance Limited (INE831R14FL3) - Code: ABHFL-13-2-26-CP
  • Bajaj Finance Limited (INE296A14D54) - Code: BFL-13-2-26-CP
  • J.K. Cement Ltd (INE823G14BD9) - Code: JKCL-13-2-26-CP

Compliance Requirements

  • Trading members must not deal in the specified commercial papers from the no-dealings dates
  • Members should update their systems to reflect the trading suspension
  • Holders of these commercial papers should note the redemption dates

Important Dates

  • Notice Date: February 6, 2026
  • First Suspension Date: February 9, 2026 (1 instrument)
  • Second Suspension Date: February 11, 2026 (1 instrument)
  • Third Suspension Date: February 12, 2026 (13 instruments)

Impact Assessment

This is a routine corporate action affecting the debt market segment. The suspension is temporary and limited to specific commercial paper instruments approaching maturity. Impact is minimal as this is part of normal redemption procedures. Investors holding these instruments will receive redemption proceeds on the respective record dates. The concentration of redemptions on February 12 reflects standard market practices for mid-month settlements.

Impact Justification

Routine trading suspension affecting 15 commercial paper instruments for redemption purposes. Standard corporate action with limited market-wide impact, primarily affects debt market participants holding these specific instruments.