Description
BSE notifies trading members of suspension of trading in commercial papers of 11 companies due to upcoming redemption record dates on 10-11 March 2026.
Summary
BSE has issued Notice No. 20260309-11 informing trading members of the suspension of trading in commercial papers of 11 companies. These companies have fixed record dates for redemption of their commercial papers, effective 10–11 March 2026. Trading members are advised not to deal in these instruments from the respective record dates.
Key Points
- Trading in commercial papers of 11 companies is suspended effective their respective record dates (10 or 11 March 2026)
- All suspensions are for the purpose of redemption of commercial paper
- Two notice references apply: DR-836/2025-2026 (for 10 Mar) and DR-837/2025-2026 (for 11 Mar)
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes. This is a routine operational notice under existing BSE debt segment regulations governing commercial paper redemptions.
Compliance Requirements
- Trading members must not deal in the commercial papers of the listed companies from their respective ‘No Dealings From’ dates
- Applicable to all trading members active in the debt segment
Important Dates
| Company | ISIN | BSE Code | Record Date / No Dealings From |
|---|---|---|---|
| Standard Chartered Securities (India) Limited | INE472H14730 | 730250 | 10/03/2026 |
| Standard Chartered Capital Limited | INE403G14TH3 | 729031 | 11/03/2026 |
| Birla Group Holdings Private Limited | INE09OL14GZ5 | 729051 | 11/03/2026 |
| Pilani Investment And Industries Corporation Limited | INE417C14934 | 729062 | 11/03/2026 |
| IGH Holdings Private Limited | INE02FN14457 | 729087 | 11/03/2026 |
| Nuvama Wealth Management Limited | INE531F14FK6 | 730496 | 11/03/2026 |
| Network 18 Media & Investments Limited | INE870H14WM5 | 730742 | 11/03/2026 |
| SBICAP Securities Limited | INE212K14CX3 | 730752 | 11/03/2026 |
| Grasim Industries Ltd | INE047A14AR0 | 730756 | 11/03/2026 |
| Bajaj Finance Limited | INE296A14D96 | 730759 | 11/03/2026 |
| Bajaj Financial Securities Limited | INE01C314DR3 | 730760 | 11/03/2026 |
Impact Assessment
This is a standard debt segment notice with limited market impact. Trading members in the debt/commercial paper segment must ensure they do not execute trades in the listed instruments from the specified dates. The suspensions are short-term and tied directly to the redemption of these commercial papers, after which the instruments will cease to exist. No impact on equity markets.
Impact Justification
Routine suspension of commercial paper trading ahead of scheduled redemptions; affects debt segment participants but is a standard operational notice with no broader market implications.