Description

BSE notifies trading members of the suspension of trading in commercial papers of Adani Enterprises Ltd and Marwadi Shares and Finance Limited effective March 5, 2026, as these papers mature on their redemption date.

Summary

BSE has issued Notice No. 20260304-11 informing trading members that the commercial papers of Adani Enterprises Ltd and Marwadi Shares and Finance Limited are maturing on their respective redemption dates. Trading in these instruments is suspended effective March 5, 2026.

Key Points

  • Two commercial papers are reaching maturity and are being suspended from trading
  • Adani Enterprises Ltd (Scrip Code: 730359) — CP identifier: AEL-6-3-26-CP, ISIN: INE423A14YI2
  • Marwadi Shares and Finance Limited (Scrip Code: 731023) — CP identifier: MSFL-6-3-26-CP, ISIN: INE138I14016
  • Trading members must not deal in these commercial papers from March 5, 2026 onwards
  • Reference: DR-833/2025-2026

Regulatory Changes

No new regulatory changes. This is a routine operational notice pursuant to existing rules governing the maturity and suspension of commercial paper instruments on the debt market segment.

Compliance Requirements

  • Trading members are strictly advised not to execute any trades in the two specified commercial papers (ISIN: INE423A14YI2 and INE138I14016) with effect from March 5, 2026
  • Members must update their systems and desks to block or flag these scrip codes (730359 and 731023) for trading

Important Dates

  • Circular Date: March 4, 2026
  • Suspension Effective Date: March 5, 2026
  • Redemption/Maturity Date: March 6, 2026

Impact Assessment

The impact is limited and routine in nature. Both commercial papers are maturing as scheduled, and this suspension is a standard pre-redemption procedure. Trading members in the debt segment dealing with Adani Enterprises or Marwadi Shares and Finance commercial papers must ensure no fresh transactions are executed from March 5, 2026. No broader market disruption is anticipated.

Impact Justification

Routine suspension of trading in maturing commercial papers affecting two companies; standard operational action with limited broader market impact.