Description
BSE revises the record date for redemption of Network 18 Media & Investments Limited commercial paper (Scrip Code 730688) from March 2, 2026 to February 27, 2026. Trading members are advised not to deal in this commercial paper effective February 27, 2026.
Summary
BSE has revised the record date for redemption of the commercial paper issued by Network 18 Media & Investments Limited (Scrip Code 730688, ISIN: INE870H14WH5). The original record date of March 2, 2026 (set via Notice No. 20260220-54 dated February 20, 2026) has been moved forward to February 27, 2026. Trading members are advised not to deal in this commercial paper from February 27, 2026 onwards.
Key Points
- Original record date (from Notice No. 20260220-54, dated February 20, 2026): March 2, 2026
- Revised record date: February 27, 2026
- Purpose of record date: Redemption of Commercial Paper
- Scrip ID: N18MIL-03-03-26-CP
- ISIN: INE870H14WH5
- Scrip Code: 730688
- Reference: DR-830/2025-2026
- Trading members must cease dealing in this commercial paper effective February 27, 2026
Regulatory Changes
The record date for redemption has been revised by three days earlier than previously announced. This is an amendment to the earlier Notice No. 20260220-54 dated February 20, 2026, issued by BSE’s Listing Compliance and Operations department.
Compliance Requirements
- All trading members of BSE are required to refrain from dealing in the commercial paper of Network 18 Media & Investments Limited (Scrip Code 730688) on and from February 27, 2026.
- Members should update their systems and client communications to reflect the revised no-dealings date.
Important Dates
- Circular Date: February 23, 2026
- Original Record Date (superseded): March 2, 2026
- Revised Record Date: February 27, 2026
- No Dealings From: February 27, 2026
- Original Notice Reference: Notice No. 20260220-54 dated February 20, 2026
Impact Assessment
The revision brings forward the no-dealings restriction by approximately three days, which may affect trading members who had planned transactions in this commercial paper between February 27 and March 2, 2026. The impact is limited to participants holding or trading this specific commercial paper instrument. Holders should ensure redemption settlement processes are aligned with the revised February 27, 2026 record date. The short notice period (same day as circular issuance) requires prompt action from affected market participants.
Impact Justification
Revision of record date brings forward the no-dealings restriction by three days, requiring immediate action from trading members dealing in this commercial paper.