Description
BSE advises trading members not to deal in commercial paper of SBICAP Securities Limited and Mindspace Business Parks REIT ahead of their respective redemption record dates in March 2026.
Summary
BSE Notice No. 20260227-13 informs trading members of the suspension of trading in commercial paper issued by SBICAP Securities Limited and Mindspace Business Parks REIT. Both instruments have fixed record dates for redemption in March 2026, and trading members are advised not to deal in these commercial papers from their respective record dates.
Key Points
- Two commercial paper instruments are subject to trading suspension ahead of redemption
- SBICAP Securities Limited (SBICAPSL-06-03-26-CP, ISIN: INE212K14CV7, BSE Code: 730717) — no dealings from 05/03/2026
- Mindspace Business Parks REIT (MBPREIT-9-3-26-CP, ISIN: INE0CCU14112, BSE Code: 730079) — no dealings from 06/03/2026
- Reference circulars: DR-833/2025-2026 and DR-834/2025-2026
- Issued under the Debt segment, Corporate Actions category
Regulatory Changes
No new regulatory changes. This is a standard operational notice under existing BSE procedures for commercial paper redemptions.
Compliance Requirements
- Trading members must cease all transactions in SBICAP Securities Limited commercial paper (INE212K14CV7) on and from 05/03/2026
- Trading members must cease all transactions in Mindspace Business Parks REIT commercial paper (INE0CCU14112) on and from 06/03/2026
- Members should update their systems and desk instructions to block trading in these ISINs from the respective dates
Important Dates
| Company | Instrument | ISIN | BSE Code | Record Date | No Dealings From |
|---|---|---|---|---|---|
| SBICAP Securities Limited | SBICAPSL-06-03-26-CP | INE212K14CV7 | 730717 | 05/03/2026 | 05/03/2026 |
| Mindspace Business Parks REIT | MBPREIT-9-3-26-CP | INE0CCU14112 | 730079 | 06/03/2026 | 06/03/2026 |
Impact Assessment
Impact is low and limited to participants holding or trading these specific commercial paper instruments in the debt segment. Both suspensions are routine actions tied to scheduled maturities/redemptions. No broader market disruption is expected. Affected counterparties should ensure settlement of any outstanding positions prior to the respective record dates.
Impact Justification
Routine suspension of commercial paper trading ahead of scheduled redemptions for two issuers; no new regulatory changes, affects only specific debt instruments on a fixed timeline.