Description
BSE notifies trading members of suspension of trading in commercial papers of NLC India Limited, Reliance Jio Infocomm Limited, and Aditya Birla Real Estate Limited due to upcoming record dates for redemption.
Summary
BSE has issued a notice (No. 20260505-9) directing trading members to suspend dealings in commercial papers of NLC India Limited, Reliance Jio Infocomm Limited, and Aditya Birla Real Estate Limited. The suspension is triggered by fixed record dates for redemption of these commercial papers, effective from their respective ex-dates.
Key Points
- Trading members are advised not to deal in the commercial papers listed below from their respective ex-dates onward
- Five commercial paper instruments are affected across three companies
- Reliance Jio Infocomm Limited has two separate CPs maturing on different dates
- Aditya Birla Real Estate Limited also has two separate CPs with different redemption schedules
- The notice was issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No new regulatory changes are introduced. This is a standard operational notice under existing BSE debt market rules requiring suspension of CP trading upon fixation of a redemption record date.
Compliance Requirements
- Trading members must cease dealing in the specified commercial papers from the respective ex-dates
- Members must ensure no trades are executed in these instruments post the ex-date until redemption is completed
- Settlement obligations for trades executed prior to the ex-date must be honored as per the specified settlement numbers
Important Dates
| Scrip Code | Company | Scrip ID | ISIN | Record Date | Ex Date | Settlement |
|---|---|---|---|---|---|---|
| 731044 | NLC India Limited | NIL-7-5-26-CP | INE589A14405 | 06/05/2026 | 06/05/2026 | 624/2026-2027 |
| 731465 | Reliance Jio Infocomm Limited | RJIL-8-5-26-CP | INE110L14UO8 | 07/05/2026 | 07/05/2026 | 625/2026-2027 |
| 731065 | Aditya Birla Real Estate Limited | ABREL-12-05-26-CP | INE055A14KL5 | 11/05/2026 | 11/05/2026 | 627/2026-2027 |
| 731466 | Reliance Jio Infocomm Limited | RJIL-18-5-26-CP | INE110L14UP5 | 15/05/2026 | 15/05/2026 | 631/2026-2027 |
| 731140 | Aditya Birla Real Estate Limited | ABREL-20-5-26-CP | INE055A14KM3 | 19/05/2026 | 19/05/2026 | 633/2026-2027 |
Impact Assessment
The impact is limited to participants in the BSE debt market segment holding or trading in these five specific commercial paper instruments. Equity investors in NLC India, Reliance Jio Infocomm, and Aditya Birla Real Estate are unaffected. The suspension is a routine pre-redemption measure and does not signal any financial distress. Redemption dates span May 6–19, 2026, requiring prompt action from any trading members with open positions in these CPs.
Impact Justification
Routine suspension of trading in five commercial paper instruments across three companies ahead of scheduled redemption record dates. Affects only specific CP instruments in the debt segment, not equity shares. Standard pre-redemption procedure with near-term dates (May 6–19, 2026).