Description

BSE notifies trading members that the commercial paper (SDAL-26-2-26-CP) of Solar Defence and Aerospace Limited will mature on February 25, 2026, and trading in the same is suspended with effect from that date.

Summary

BSE has issued a notice (No. 20260224-11) informing trading members that the commercial paper of Solar Defence and Aerospace Limited (scrip code 730672), identified as SDAL-26-2-26-CP with ISIN INE02AL14023, is set to mature on February 25, 2026. Trading members are directed not to deal in this commercial paper effective February 25, 2026.

Key Points

  • Commercial paper scrip code 730672 (SDAL-26-2-26-CP) of Solar Defence and Aerospace Limited will reach its redemption date on February 25, 2026.
  • ISIN: INE02AL14023
  • Trading in this commercial paper is suspended with effect from February 25, 2026.
  • Reference number: DR-828/2025-2026.
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Operations (CRD).

Regulatory Changes

No regulatory changes. This is a standard administrative action triggered by the maturity of a commercial paper instrument.

Compliance Requirements

  • Trading members must not deal in the commercial paper of Solar Defence and Aerospace Limited (ISIN: INE02AL14023, Scrip Code: 730672) from February 25, 2026 onwards.
  • Members should update their systems and advise clients accordingly to avoid any erroneous transactions in this instrument.

Important Dates

  • February 24, 2026: Notice issued.
  • February 25, 2026: Redemption/maturity date of the commercial paper; trading suspension takes effect.

Impact Assessment

This circular has minimal market impact. It pertains solely to the scheduled maturity of a single commercial paper instrument (SDAL-26-2-26-CP) issued by Solar Defence and Aerospace Limited. Upon maturity, the instrument ceases to trade as a matter of course. Investors holding this paper will receive redemption proceeds as per the terms of the instrument. No broader market or operational disruption is expected.

Impact Justification

Routine suspension of trading in a maturing commercial paper instrument; affects only holders of this specific debt instrument (scrip code 730672) and has no broader market impact.