Description
BSE notifies trading members of suspension of trading in commercial papers of multiple companies that have fixed record dates for redemption, effective from respective ex-dates in April–May 2026.
Summary
BSE Notice No. 20260420-42 directs trading members to cease dealing in commercial papers of multiple companies that have fixed record dates for redemption. The suspensions cover instruments across the debt segment with record dates ranging from 22 April 2026 to 13 May 2026.
Key Points
- Trading members are advised not to deal in the listed commercial papers effective from their respective ex-dates
- All suspensions are triggered by companies fixing record dates for redemption of commercial papers
- The notice covers 18+ commercial paper instruments across 13+ issuers
- Settlement references fall under DR series 615/2026-2027 through 629/2026-2027
- No attachments are included with this notice
Regulatory Changes
No new regulatory framework introduced. This is an operational notice under existing BSE listing and trading regulations governing debt segment instruments.
Compliance Requirements
- Trading members must not execute any buy or sell transactions in the listed commercial papers from their respective ex-dates onward
- Members dealing in debt instruments must update their systems to reflect the trading suspension for each affected scrip code
Important Dates
| Scrip Code | Company | Record Date / Ex Date |
|---|---|---|
| 730318 | Trust Investment Advisors Pvt. Ltd. | 22 Apr 2026 |
| 729292 | GIC Housing Finance Ltd. | 29 Apr 2026 |
| 729480 | Muthoot Fincorp Limited | 06 May 2026 |
| 730553 | Navi Finserv Limited (NFL-12-5-26) | 11 May 2026 |
| 731054 | ICICI Home Finance Company Ltd. | 11 May 2026 |
| 731058 | Aditya Birla Housing Finance Ltd. | 11 May 2026 |
| 731060 | Network 18 Media & Investments Ltd. (NMIL-12-5-26) | 11 May 2026 |
| 730576 | ONGC Petro Additions Ltd. | 12 May 2026 |
| 731059 | Network 18 Media & Investments Ltd. (NMIL-13-5-26) | 12 May 2026 |
| 731066 | Time Technoplast Limited | 12 May 2026 |
| 731072 | Reliance Retail Ventures Ltd. (RRVL-13-5-26) | 12 May 2026 |
| 731096 | Navi Finserv Limited (NFL-13-05-26) | 12 May 2026 |
| 729387 | Bajaj Finance Limited | 13 May 2026 |
| 730911 | Muthoot Mcred Limited | 13 May 2026 |
| 731073 | Network 18 Media & Investments Ltd. (NMIL-14-5-26) | 13 May 2026 |
| 731079 | Bajaj Financial Securities Ltd. | 13 May 2026 |
| 731081 | Reliance Retail Ventures Ltd. (RRVL-14-5-26) | 13 May 2026 |
| 731095 | Navi Finserv Limited (NFL-14-05-26) | 13 May 2026 |
Impact Assessment
This is a routine debt market operational notice with medium impact confined to the debt segment. Affected instruments are short-term commercial papers approaching maturity and redemption. The underlying equity securities of these companies (Bajaj Finance, Reliance Retail, Network18, GIC Housing Finance, etc.) are not affected. Debt traders and institutional participants holding these specific ISIN-identified commercial papers must cease secondary market trading from the stated ex-dates. No systemic risk or broader market disruption is anticipated.
Impact Justification
Routine operational notice suspending trading in commercial papers ahead of scheduled redemption record dates for 18+ debt instruments across prominent companies including Bajaj Finance, Reliance Retail, Network18, and ICICI Home Finance.