Description
NSE announces listing of commercial paper securities from multiple companies including Godrej Properties, Tata Projects, L&T Finance, and Kotak Securities on the debt market segment effective October 09, 2025.
Summary
NSE has notified the listing of privately placed commercial paper securities on its debt market segment effective October 09, 2025. The circular includes 8 commercial paper listings (5 fresh issues and 3 re-issues) from companies including Godrej Properties Limited, Godrej Industries Limited, Tata Projects Limited, JM Financial Services Limited, L&T Finance Limited, and Kotak Securities Limited. All securities have been admitted to dealings under Regulation 3.1.1 of the NSE Debt Market (Trading) Regulations.
Key Points
- 5 fresh issue commercial papers listed from Godrej Properties, Godrej Industries, Tata Projects, and JM Financial Services
- 3 re-issue commercial papers listed from L&T Finance and Kotak Securities
- Total quantity ranges from 1,500 to 5,000 securities per issue
- Face value of all securities is Rs. 5,00,000
- Redemption periods range from 21 days (October 29, 2025) to 11 months (September 10, 2026)
- Allotment dates are October 08-09, 2025
Regulatory Changes
No regulatory changes introduced. This is a routine notification under existing Regulation 3.1.1 of the NSE Debt Market (Trading) Regulations.
Compliance Requirements
No specific compliance requirements for market participants. The circular is informational, notifying members of newly listed debt securities available for trading.
Important Dates
- Effective Date of Listing: October 09, 2025
- Allotment Dates: October 08-09, 2025
- Redemption Dates: Range from October 29, 2025 to September 10, 2026 depending on the security
Impact Assessment
Market Impact: Minimal. This is a routine administrative notification of debt securities listing. The commercial papers provide short to medium-term funding instruments for the listed companies and investment options for institutional investors in the debt market.
Operational Impact: No operational changes required for trading members. The securities are now available for trading on the debt market segment with designated security codes and ISINs as specified in the annexure.
Investor Impact: Provides additional commercial paper investment opportunities for institutional investors with varying maturity profiles (21 days to 11 months) from established corporate issuers across real estate, industrial, and financial services sectors.
Impact Justification
Routine administrative circular notifying listing of privately placed commercial paper securities on debt market segment. Standard operational update with no market-wide impact or regulatory changes.