Description

Notification of listing of privately placed commercial papers from NABARD, HDFC Securities, Kotak Securities, Anand Rathi, 5Paisa Capital, Godrej Industries, Aditya Birla Capital, and Alembic Pharmaceuticals on NSE Debt Market Segment.

Summary

NSE has admitted privately placed commercial papers (CPs) from multiple issuers to trading on its Debt Market Segment effective February 06, 2026. The circular lists 10 commercial paper instruments issued by eight companies including financial institutions and corporates, with redemption dates ranging from March 2026 to February 2027.

Key Points

  • Total of 10 commercial paper instruments listed on NSE Debt Market Segment
  • All securities allotted on February 05, 2026 and effective for trading from February 06, 2026
  • NABARD issued CP worth 86,000 units (face value ₹5 lakh each) maturing May 07, 2026
  • HDFC Securities issued 2 CPs totaling 11,100 units with April-May 2026 maturities
  • Kotak Securities issued 9,000 units maturing May 07, 2026
  • Aditya Birla Capital issued largest 1-year CP worth 10,000 units (₹500 crore) maturing February 04, 2027
  • Godrej Industries issued 3 CPs totaling 4,500 units with February 2027 maturities
  • Face value for all instruments: ₹5,00,000 per unit
  • Issue prices range from ₹4,64,649 to ₹4,96,704.50 per unit

Regulatory Changes

No regulatory changes. This is a routine listing notification pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Compliance Requirements

  • Securities admitted to dealings on Debt Market Segment with designated security codes as specified
  • Issuers must comply with ongoing disclosure and compliance obligations for listed debt securities
  • Trading members can trade these instruments on the debt platform from effective date

Important Dates

  • Allotment Date: February 05, 2026 (all securities)
  • Effective Trading Date: February 06, 2026
  • Redemption Dates:
    • March 06, 2026: Anand Rathi CP (Sr 3)
    • March 30, 2026: 5Paisa Capital CP (Sr 9)
    • April 30, 2026: HDFC Securities CP
    • May 07, 2026: NABARD CP (Sr 26Z), Kotak Securities CP (Sr 270), HDFC Securities CP, Alembic Pharmaceuticals CP
    • February 02, 2027: Godrej Industries CP (Sr 156)
    • February 03, 2027: Godrej Industries CP (Sr 157)
    • February 04, 2027: Aditya Birla Capital CP

Impact Assessment

Market Impact: Low. This is a routine listing of commercial papers on the debt market segment affecting institutional debt investors. The total issuance represents approximately ₹2,165 crore across all instruments.

Operational Impact: Minimal. Standard debt market listing enabling secondary market trading for institutional investors. These instruments provide short to medium-term funding for issuers ranging from 29 days to 364 days.

Investor Impact: Relevant primarily for debt market participants and institutional investors seeking commercial paper exposure. Equity investors are generally unaffected by these debt segment listings.

Impact Justification

Routine notification of commercial paper listings on debt segment; primarily affects institutional debt investors rather than equity markets