Description
NSE announces listing of commercial papers from 10 companies including AIFL, Aditya Birla Money, IIFL Finance, Kotak Securities, Action Construction Equipment, Blue Star, HDFC Securities, JK Paper, Godrej Industries, and Godrej Consumer Products with redemption dates in February 2026.
Summary
NSE has admitted 10 privately placed commercial papers to trading on its Debt Market Segment effective November 10, 2025. The securities are issued by Aseem Infrastructure Finance Limited, Aditya Birla Money Limited, IIFL Finance Limited, Kotak Securities Limited, Action Construction Equipment Limited, Blue Star Limited, HDFC Securities Limited, JK Paper Limited, Godrej Industries Limited, and Godrej Consumer Products Limited. All securities have redemption dates in February 2026 and were allotted between November 6-7, 2025.
Key Points
- 10 commercial papers admitted to NSE Debt Market Segment
- Effective date: November 10, 2025
- Total quantity: 46,700 securities across all issues
- Face value: Rs. 5,00,000 per security for all issues
- Allotment dates: November 6-7, 2025
- Redemption dates: February 3-6, 2026
- Largest issue: HDFC Securities Limited (14,500 securities)
- Second largest: Godrej Consumer Products Limited (11,000 securities)
- Third largest: Kotak Securities Limited (10,000 securities)
- Issue prices range from Rs. 489,803.50 to Rs. 492,577.50
Regulatory Changes
No regulatory changes. This is a standard listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
No new compliance requirements for market participants. This is an informational circular notifying members of newly listed debt securities.
Important Dates
- Effective Date of Listing: November 10, 2025
- Allotment Dates: November 6-7, 2025
- Redemption Dates:
- February 3, 2026: JK Paper Limited
- February 4, 2026: Action Construction Equipment Limited
- February 6, 2026: Aseem Infrastructure Finance, Aditya Birla Money, IIFL Finance, Kotak Securities, Blue Star, HDFC Securities, Godrej Industries, Godrej Consumer Products
Impact Assessment
Market Impact: Minimal. This is a routine listing of commercial papers on the debt market segment. The securities are privately placed instruments primarily for institutional investors.
Operational Impact: No operational changes required for trading members. The securities are now available for trading with designated security codes and ISINs as specified in the annexure.
Liquidity Impact: Limited, as commercial papers are typically held to maturity by institutional investors and have relatively short tenures (3 months in this case).
Impact Justification
Routine listing of commercial papers on debt market segment. Standard administrative circular with no policy changes or market-wide implications.