Description
BSE advises trading members not to deal in commercial papers of 18 companies that have fixed record dates for redemption on 05/03/2026 and 06/03/2026.
Summary
BSE Notice No. 20260226-3 advises trading members to suspend dealings in commercial papers of 18 companies that have fixed record dates for redemption. Ten companies have set 05/03/2026 as the record date (covered under DR-833/2025-2026) and eight companies have set 06/03/2026 as the record date (covered under DR-834/2025-2026).
Key Points
- Trading members must not deal in the listed commercial papers from their respective record dates
- 10 companies with record date 05/03/2026 fall under circular DR-833/2025-2026
- 8 companies with record date 06/03/2026 fall under circular DR-834/2025-2026
- All suspensions are for the purpose of Redemption of Commercial Paper
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice under existing commercial paper redemption framework (DR-833/2025-2026 and DR-834/2025-2026).
Compliance Requirements
Trading members must immediately cease dealing in the following commercial paper instruments from their respective record dates:
Record Date: 05/03/2026 (DR-833/2025-2026)
| Company | CP Code | ISIN | BSE Code |
|---|---|---|---|
| Axis Finance Limited | AFL-6-3-26-CP | INE891K14OT7 | 728931 |
| Kotak Mahindra Prime Limited | KMPL-06-03-26-CP | INE916D144Y8 | 728950 |
| ICICI Securities Limited | ISL-6-3-26-CP | INE763G14XX9 | 729045 |
| A.K. Capital Services Ltd. | AKCSL-06-03-26-CP | INE701G14262 | 729270 |
| Motilal Oswal Financial Services Limited | MOFSL-06-03-26-CP | INE338I14KT1 | 729774 |
| KEC International Ltd. | KIL-6-3-26-CP | INE389H14LR8 | 730716 |
| Tata Steel Limited | TSL-6-3-26-CP | INE081A14GK1 | 730723 |
| Mahindra Lifespace Developers Ltd. | MLDL-6-3-26-CP | INE813A14391 | 730745 |
| L&T Metro Rail (Hyderabad) Limited | LTMR-6-3-26-CP | INE128M14AY9 | 730844 |
| 360 ONE Prime Limited | OPL-6-3-26-CP | INE248U14SS2 | 730861 |
Record Date: 06/03/2026 (DR-834/2025-2026)
| Company | CP Code | ISIN | BSE Code |
|---|---|---|---|
| Birla Group Holdings Private Limited | BGHPL-9-3-26-CP | INE09OL14HE8 | 729327 |
| Capri Global Capital Limited | CGC-9-3-26-CP | INE180C14615 | 730554 |
| Mirae Asset Financial Services (India) Pvt. Ltd. | MAF-9-3-26-CP | INE0JRU14347 | 730718 |
| Fedbank Financial Services Limited | FFSL-9-3-26-CP | INE007N14EN8 | 730720 |
| Reliance Retail Ventures Limited | RRVL-9-3-26-CP | INE929O14EL5 | 730721 |
| Nuvama Wealth Finance Limited | NWFL-9-3-26-CP | INE918K14CV9 | 730724 |
| Titan Company Limited | TCL-9-3-26-CP | INE280A14500 | 730728 |
| Dalmia Cement (Bharat) Limited | DCL-9-3-26-CP | INE755K14FR6 | 730741 |
Important Dates
- 26/02/2026: Notice issued by BSE
- 05/03/2026: Record date and no-dealings start date for 10 companies (DR-833/2025-2026)
- 06/03/2026: Record date and no-dealings start date for 8 companies (DR-834/2025-2026)
Impact Assessment
Impact is limited to holders and traders of the specific commercial paper instruments listed. Equity markets and other debt instruments of these companies are unaffected. Holders of these CPs should note that redemption proceeds will be processed on the respective record dates. Trading members dealing in the debt segment must update their systems to block trades in these 18 instruments from their respective restriction dates.
Impact Justification
Routine operational notice affecting holders of specific commercial paper instruments across 18 companies in the debt segment. Trading restriction applies only to these CP instruments ahead of redemption dates, with no broader equity market impact.