Description
BSE suspends trading in commercial papers of 13 companies due to redemption with record dates set for February 13 and 16, 2026.
Summary
BSE has suspended trading in commercial papers of 13 companies effective from their respective record dates due to redemption. Five companies have a record date of February 13, 2026, and eight companies have a record date of February 16, 2026. Trading members are advised not to deal in these commercial papers from the specified dates.
Key Points
- 13 companies have fixed record dates for commercial paper redemption
- 5 commercial papers suspended from February 13, 2026
- 8 commercial papers suspended from February 16, 2026
- Trading members instructed not to deal in listed commercial papers
- All suspensions fall under DR-820/2025-2026 or DR-821/2025-2026
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the specified commercial papers from their respective no-dealings dates
- Members must ensure systems are updated to prevent trading in suspended instruments
- Compliance with record date requirements for redemption processing
Important Dates
February 13, 2026 (Record Date & No Dealings From):
- Manappuram Finance Limited (INE522D14OX5)
- Bajaj Financial Securities Limited (INE01C314DJ0)
- The Bombay Burmah Trading Corporation Ltd. (INE050A14895)
- DSP Finance Private Limited (INE422H14107)
- Nuvama Wealth Finance Limited (INE918K14CW7)
February 16, 2026 (Record Date & No Dealings From):
- Godrej Housing Finance Limited (INE02JD14609)
- Godrej Finance Limited (INE02KN14440)
- Infina Finance Private Limited (INE879F14KJ1)
- Capri Global Capital Limited (INE180C14573)
- Jamnagar Utilities & Power Private Limited (INE936D14394)
- 360 ONE WAM Limited (INE466L14FD8)
- J.K. Cement Ltd (INE823G14BE7)
- Tata Steel Limited (INE081A14GM7)
Impact Assessment
Market Impact: Medium - affects debt market participants holding or trading these specific commercial papers. No impact on equity markets.
Operational Impact: Trading platforms must update suspension lists to prevent inadvertent trading in these instruments during redemption period.
Investor Impact: Holders of these commercial papers will receive redemption proceeds as per the terms. No new positions can be established from the suspension dates.
Impact Justification
Routine suspension of commercial paper trading for redemption purposes affecting 13 issuers. Standard corporate action with limited market-wide impact but important for specific debt instrument holders.