Description
BSE suspends trading in commercial papers of 9 companies including L&T Metro Rail, Nuvama Wealth, Time Technoplast, and others due to upcoming redemption record dates between April 9–29, 2026.
Summary
BSE Notice No. 20260408-7 directs trading members to refrain from dealing in the commercial papers of nine companies that have fixed record dates for redemption. The suspensions are effective on or before each company’s respective record date, spanning April 9 to April 29, 2026.
Key Points
- Trading members are advised not to deal in commercial papers of the listed companies from their respective ex-dates onward.
- Nine companies are covered across various record dates in April 2026.
- All affected instruments are in the Debt segment under the Listing Operations department.
- Settlement references are under the 607/2026-2027 to 620/2026-2027 series.
Regulatory Changes
No new regulatory changes. This is a standard procedural notice under existing BSE rules governing suspension of trading in debt instruments approaching redemption.
Compliance Requirements
- Trading members must not execute any buy or sell trades in the listed commercial papers on or after the respective ex-dates.
- Members should update their systems to block trading in the specified ISINs from the indicated ex-dates.
Important Dates
| Scrip Code | Company | ISIN | Record Date | Ex Date |
|---|---|---|---|---|
| 730966 | L&T Metro Rail (Hyderabad) Limited | INE128M14AZ6 | 09/04/2026 | 09/04/2026 |
| 730923 | Nuvama Wealth and Investment Limited | INE523L14AT3 | 10/04/2026 | 10/04/2026 |
| 730408 | Time Technoplast Limited | INE508G14IA7 | 15/04/2026 | 15/04/2026 |
| 730929 | Infina Finance Private Limited | INE879F14MI9 | 16/04/2026 | 16/04/2026 |
| 730953 | Infina Finance Private Limited | INE879F14MK5 | 17/04/2026 | 17/04/2026 |
| 730955 | IGH Holdings Private Limited | INE02FN14747 | 23/04/2026 | 23/04/2026 |
| 729305 | Truhome Finance Limited | INE432R14303 | 29/04/2026 | 29/04/2026 |
| 730644 | Infina Finance Private Limited | INE879F14MB4 | 29/04/2026 | 29/04/2026 |
| 730984 | Birla Group Holdings Private Limited | INE09OL14IM9 | 29/04/2026 | 29/04/2026 |
Impact Assessment
Impact is limited to debt segment participants holding or trading these specific commercial paper instruments. As these are short-term money market instruments approaching maturity, the suspension is a routine precautionary measure to prevent trading after the redemption record date is fixed. Infina Finance Private Limited is notably affected across three separate CP issuances (scrip codes 730929, 730953, 730644) with staggered redemption dates.
Impact Justification
Routine suspension notices for commercial paper redemptions affecting 9 issuers across the debt segment; impacts only those holding or dealing in these specific CPs near their maturity dates.