Description

BSE advises trading members to suspend dealings in commercial paper of SBICAP Securities Limited and Mindspace Business Parks REIT ahead of their respective redemption record dates in March 2026.

Summary

BSE has issued Notice No. 20260227-13 dated February 27, 2026, informing trading members that two companies have fixed record dates for the redemption of their respective commercial papers. Trading members are advised to refrain from dealing in these commercial paper instruments from the specified dates.

Key Points

  • SBICAP Securities Limited’s commercial paper (SBICAPSL-06-03-26-CP, ISIN: INE212K14CV7, Code: 730717) is subject to a trading suspension effective March 5, 2026, ahead of its redemption record date.
  • Mindspace Business Parks REIT’s commercial paper (MBPREIT-9-3-26-CP, ISIN: INE0CCU14112, Code: 730079) is subject to a trading suspension effective March 6, 2026, ahead of its redemption record date.
  • Both suspensions are for the purpose of redemption of commercial paper.
  • The notice references DR-833/2025-2026 (SBICAP Securities) and DR-834/2025-2026 (Mindspace Business Parks REIT).

Regulatory Changes

No new regulatory changes. This is a standard procedural notice under existing BSE debt market rules governing commercial paper redemptions.

Compliance Requirements

  • Trading members must not deal in the commercial paper of SBICAP Securities Limited (Code: 730717) from March 5, 2026 onward.
  • Trading members must not deal in the commercial paper of Mindspace Business Parks REIT (Code: 730079) from March 6, 2026 onward.
  • Members must ensure compliance with the trading restrictions as communicated in this notice.

Important Dates

  • February 27, 2026: Notice issued by BSE.
  • March 5, 2026: Record date and no-dealings-from date for SBICAP Securities Limited CP (SBICAPSL-06-03-26-CP, INE212K14CV7).
  • March 6, 2026: Record date and no-dealings-from date for Mindspace Business Parks REIT CP (MBPREIT-9-3-26-CP, INE0CCU14112).

Impact Assessment

The impact is limited to holders and traders of these two specific commercial paper instruments in BSE’s debt market segment. This is a routine corporate action with no broader market implications. Investors holding these CPs will receive redemption proceeds on or after the respective record dates. No equity market impact is anticipated.

Impact Justification

Routine commercial paper redemption notice affecting two specific debt instruments in the debt segment; no broader market disruption expected.