Description
NSE admits ten fresh commercial paper issuances from companies including Aditya Birla Money, HDFC Securities, Godrej Industries, CEAT, Axis Securities, and Tata Projects to the Debt Market Segment effective February 24, 2026.
Summary
NSE has admitted ten fresh commercial paper (CP) issuances from nine companies to its Debt Market Segment effective February 24, 2026, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations. All securities were allotted on February 23, 2026.
Key Points
- Ten commercial papers across nine issuers admitted to dealings on NSE Debt Market Segment
- All CPs allotted on February 23, 2026; effective for trading from February 24, 2026
- Face value of all CPs: ₹5,00,000 per unit
- Redemption dates range from April 2026 to February 2027
- Largest issuance: Axis Securities Limited (8,000 units; INE110O14HS0)
- Second largest: Aditya Birla Capital Limited (4,500 units; INE674K14BV0)
Regulatory Changes
No new regulatory changes. Listing is in pursuance of existing Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
All Members of NSE are notified to take note of the designated security codes specified in the Annexure for these newly listed commercial papers. No additional compliance action required beyond awareness of new tradable instruments.
Important Dates
| Company | ISIN | Allotment Date | Redemption Date |
|---|---|---|---|
| Aditya Birla Money Limited | INE865C14PM0 | 23-Feb-2026 | 25-May-2026 |
| HDFC Securities Limited | INE700G14SP7 | 23-Feb-2026 | 24-Apr-2026 |
| Godrej Industries Limited | INE233A147E2 | 23-Feb-2026 | 25-May-2026 |
| Aditya Birla Capital Limited | INE674K14BV0 | 23-Feb-2026 | 25-May-2026 |
| IndoStar Capital Finance Limited | INE896L14FA2 | 23-Feb-2026 | 28-Jan-2027 |
| IndoStar Capital Finance Limited | INE896L14FB0 | 23-Feb-2026 | 20-Jan-2027 |
| Cholamandalam Securities Limited | INE04JX14165 | 23-Feb-2026 | 25-May-2026 |
| CEAT Limited | INE482A14FL1 | 23-Feb-2026 | 09-Apr-2026 |
| Axis Securities Limited | INE110O14HS0 | 23-Feb-2026 | 22-Feb-2027 |
| TATA Projects Limited | INE725H14DU4 | 23-Feb-2026 | 22-May-2026 |
- Trading effective: February 24, 2026
Impact Assessment
This is a routine listing circular with low market impact. It expands the tradable universe of debt instruments on NSE’s Debt Market Segment. The ten CPs represent short-to-medium term funding instruments (tenors ranging approximately 44 days to approximately one year) for well-known corporate issuers. Debt market participants and institutional investors should note the new security codes for trading purposes. No impact on equity markets or general compliance obligations for listed companies.
Impact Justification
Routine debt market listing notification for privately placed commercial papers. No regulatory changes or compliance obligations for equity market participants; relevant only to debt market members and investors in these specific CPs.