Description
BSE notifies trading members of suspension of dealings in commercial papers of 11 companies ahead of their redemption dates on March 10-11, 2026.
Summary
BSE Notice No. 20260309-11 informs trading members that 11 companies have fixed record dates for redemption of their commercial papers. Trading members are advised not to deal in these commercial papers from the respective no-dealings dates of March 10–11, 2026.
Key Points
- 11 companies have fixed record dates for commercial paper redemption on March 10–11, 2026
- Trading in the listed commercial papers is suspended from the record date onwards
- Affected notices are under DR-836/2025-2026 (one company) and DR-837/2025-2026 (ten companies)
- Notice 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 procedures for commercial paper redemption.
Compliance Requirements
Trading members must not deal in the commercial papers of the following companies from the specified no-dealings dates:
| Company | Code / ISIN | Record Date | No Dealings From |
|---|---|---|---|
| Standard Chartered Securities (India) Limited | INE472H14730 (730250) | 10/03/2026 | 10/03/2026 |
| Standard Chartered Capital Limited | INE403G14TH3 (729031) | 11/03/2026 | 11/03/2026 |
| Birla Group Holdings Private Limited | INE09OL14GZ5 (729051) | 11/03/2026 | 11/03/2026 |
| Pilani Investment And Industries Corporation Limited | INE417C14934 (729062) | 11/03/2026 | 11/03/2026 |
| IGH Holdings Private Limited | INE02FN14457 (729087) | 11/03/2026 | 11/03/2026 |
| Nuvama Wealth Management Limited | INE531F14FK6 (730496) | 11/03/2026 | 11/03/2026 |
| Network 18 Media & Investments Limited | INE870H14WM5 (730742) | 11/03/2026 | 11/03/2026 |
| SBICAP Securities Limited | INE212K14CX3 (730752) | 11/03/2026 | 11/03/2026 |
| Grasim Industries Ltd | INE047A14AR0 (730756) | 11/03/2026 | 11/03/2026 |
| Bajaj Finance Limited | INE296A14D96 (730759) | 11/03/2026 | 11/03/2026 |
| Bajaj Financial Securities Limited | INE01C314DR3 (730760) | 11/03/2026 | 11/03/2026 |
Important Dates
- 10 March 2026: Record date and no-dealings date for Standard Chartered Securities (India) Limited CP (DR-836/2025-2026)
- 11 March 2026: Record date and no-dealings date for all remaining 10 companies (DR-837/2025-2026)
Impact Assessment
Impact is limited to debt segment participants holding or intending to trade these specific commercial paper instruments. This is a routine pre-redemption suspension. Investors holding these CPs will receive redemption proceeds on the respective record dates. No broader equity market impact is expected.
Impact Justification
Routine commercial paper redemption notices affecting 11 companies in the debt segment; trading suspension is standard pre-redemption procedure with no broader market implications.