Description
BSE notifies suspension of trading in commercial papers of seven companies ahead of their respective record dates for redemption, effective between 21 May and 27 May 2026.
Summary
BSE has issued a notice (No. 20260519-34) directing trading members not to deal in the commercial papers of seven companies that have fixed record dates for redemption of their commercial paper instruments. Trading in these CPs is suspended effective on or before each company’s respective record date, between 21 May and 27 May 2026.
Key Points
- Seven companies have fixed record dates for redemption of commercial paper in the debt segment.
- Trading members are advised to cease dealing in the listed commercial papers of the affected companies from their respective ex-dates.
- All suspensions are effective within the period 21–27 May 2026.
- Settlement references fall under DR 635/2026-2027 through DR 639/2026-2027.
- The notice covers both single and multiple CP issuances by the same issuer (SBICAP Securities Limited has two separate CP instruments).
Regulatory Changes
No new regulatory framework changes. This is a standard operational notice under BSE’s Listing Operations department for debt segment instruments approaching maturity/redemption.
Compliance Requirements
- Trading Members must not execute any buy or sell transactions in the commercial papers listed below on or after the respective ex-dates.
- Members should update their systems to reflect the trading suspension for each affected ISIN on the specified dates.
Important Dates
| Scrip Code | Company | ISIN | Record Date | Ex Date | Settlement Ref |
|---|---|---|---|---|---|
| 731151 | SBICAP Securities Limited (SBICAPSL-22-05-26-CP) | INE212K14DH4 | 21/05/2026 | 21/05/2026 | DR 635/2026-2027 |
| 731170 | SBICAP Securities Limited (SSL-25-5-26-CP) | INE212K14DK8 | 22/05/2026 | 22/05/2026 | DR 636/2026-2027 |
| 731203 | Standard Chartered Securities (India) Limited (SCSL-25-5-26-CP) | INE472H14805 | 22/05/2026 | 22/05/2026 | DR 636/2026-2027 |
| 731186 | Adani Enterprises Ltd. (AEL-26-5-26-CP) | INE423A14YZ6 | 25/05/2026 | 25/05/2026 | DR 637/2026-2027 |
| 731202 | Fedbank Financial Services Limited (FFSL-26-5-26-CP) | INE007N14ER9 | 25/05/2026 | 25/05/2026 | DR 637/2026-2027 |
| 731211 | Nuvama Wealth and Investment Limited (NWIL-26-5-26-CP) | INE523L14BC7 | 25/05/2026 | 25/05/2026 | DR 637/2026-2027 |
| 731120 | The Bombay Burmah Trading Corporation Ltd. (TBTC-29-5-26-CP) | INE050A14903 | 27/05/2026 | 27/05/2026 | DR 639/2026-2027 |
Impact Assessment
Impact is confined to the debt segment and holders of these specific commercial paper instruments. Equity shares of the listed companies (Adani Enterprises, Fedbank Financial Services, Nuvama Wealth, and Bombay Burmah Trading) are unaffected. CP holders will receive redemption proceeds on the respective record dates. This is a routine end-of-tenor action with no broader market significance.
Impact Justification
Routine debt market operation suspending commercial paper trading ahead of redemption record dates; affects only CP instruments in the debt segment, not equity shares, with limited broader market impact.