Description
NSE announces listing of 10 commercial paper (CP) securities from 7 companies including Godrej Industries, EXIM Bank, Motilal Oswal, CEAT, Cholamandalam Finance, Muthoot Finance, and Kotak Securities on the debt market segment.
Summary
NSE has admitted 10 commercial paper (CP) securities to dealings on the Debt Market Segment effective January 28, 2026. The securities are issued by seven companies: Godrej Industries Limited (1,500 CPs), Export Import Bank of India (25,000 CPs), Motilal Oswal Financial Services Limited (6,000 CPs), CEAT Limited (1,000 CPs), Cholamandalam Investment and Finance Company Limited (21,100 CPs across two series), Muthoot Finance Limited (13,000 CPs across three series), and Kotak Securities Limited (8,000 CPs). All securities have face value of Rs 5,00,000 per unit with varying issue prices and redemption dates ranging from February 2026 to January 2027.
Key Points
- 10 commercial paper securities listed on NSE debt market segment
- 7 companies involved: Godrej Industries, EXIM Bank, Motilal Oswal Financial Services, CEAT, Cholamandalam Finance, Muthoot Finance, and Kotak Securities
- Total quantity: 75,600 commercial paper units
- Face value: Rs 5,00,000 per unit across all securities
- Issue prices range from Rs 4,63,092 to Rs 4,99,236 per unit
- Allotment dates: January 27-28, 2026
- Redemption dates: Between February 5, 2026 and January 27, 2027
- Unique ISIN codes assigned to each security for trading identification
Regulatory Changes
No regulatory changes announced. 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. Members are notified of the new listings and assigned security codes for trading purposes on the debt market segment.
Important Dates
- Effective Date: January 28, 2026 - Securities admitted to dealings
- Allotment Dates: January 27-28, 2026
- Redemption Dates:
- February 5, 2026: Kotak Securities CP
- February 26, 2026: CEAT Limited CP
- November 25, 2026: Cholamandalam Finance CP (Series 2)
- January 13, 2027: Muthoot Finance CP (Series 1)
- January 20, 2027: Muthoot Finance CP (Series 2)
- January 22, 2027: Godrej Industries CP & Muthoot Finance CP (Series 3)
- January 25, 2027: EXIM Bank CP & Cholamandalam Finance CP (Series 1)
- January 27, 2027: Motilal Oswal Financial Services CP
Impact Assessment
This is a routine operational notification with minimal market impact. The listing of commercial paper securities on the debt market segment provides institutional investors and qualified buyers additional short-term debt investment options. The securities have tenors ranging from 8 days to 364 days, providing liquidity and funding options for the issuing companies. The participation of major financial institutions (EXIM Bank, Kotak Securities, Motilal Oswal) and established corporates (Godrej Industries, CEAT, Muthoot Finance, Cholamandalam Finance) indicates healthy debt market activity. No impact on equity markets or retail investors.
Impact Justification
Routine listing notification for privately placed commercial paper securities with no impact on equity trading or broader market operations