Description
BSE notifies suspension of trading 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 directed trading members to suspend dealings in commercial paper (CP) instruments of two entities — SBICAP Securities Limited and Mindspace Business Parks REIT — in advance of their respective redemption record dates. Trading members are advised not to deal in these CPs from the specified dates onwards.
Key Points
- SBICAP Securities Limited (Code: SBICAPSL-06-03-26-CP, ISIN: INE212K14CV7 / 730717) has fixed 05 March 2026 as the record date for redemption; no dealings permitted from 05/03/2026 (DR-833/2025-2026).
- Mindspace Business Parks REIT (Code: MBPREIT-9-3-26-CP, ISIN: INE0CCU14112 / 730079) has fixed 06 March 2026 as the record date for redemption; no dealings permitted from 06/03/2026 (DR-834/2025-2026).
- Both suspensions are for the purpose of Redemption of Commercial Paper.
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations.
Regulatory Changes
No new regulatory changes. This is a standard operational notice under existing BSE rules requiring suspension of CP trading prior to redemption record dates.
Compliance Requirements
- Trading members must not execute any buy or sell transactions in the mentioned CP instruments on or after the respective no-dealings dates.
- Members should update their systems to block trading in ISIN INE212K14CV7 from 05/03/2026 and ISIN INE0CCU14112 from 06/03/2026.
Important Dates
| Entity | ISIN | Record Date | No Dealings From |
|---|---|---|---|
| SBICAP Securities Limited | INE212K14CV7 (730717) | 05 March 2026 | 05 March 2026 |
| Mindspace Business Parks REIT | INE0CCU14112 (730079) | 06 March 2026 | 06 March 2026 |
Impact Assessment
Impact is limited to holders and traders of the specific commercial paper instruments of SBICAP Securities Limited and Mindspace Business Parks REIT. These are routine pre-redemption suspensions with no broader market impact. Investors holding these CPs should note that secondary market liquidity will cease on the respective no-dealings dates, and redemption proceeds will be settled as per the record date schedule.
Impact Justification
Routine suspension of trading in commercial paper instruments ahead of scheduled redemption dates; affects only specific CP instruments of two issuers with no broader market-wide implications.