Description
NSE admits privately placed commercial papers from 10 companies including Sundaram Finance, Tata Steel, Angel One, L&T Finance, and others to dealings on the Debt Market Segment effective April 16, 2026.
Summary
NSE has admitted privately placed securities (commercial papers) from 10 companies to dealings on the Debt Market Segment effective April 16, 2026, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations. The circular covers fresh issues of commercial papers allotted on April 15, 2026, with varying redemption dates.
Key Points
- 10 companies have had their commercial papers listed on the NSE Debt Market Segment
- All securities were allotted on April 15, 2026, and admitted to dealings from April 16, 2026
- All instruments are Commercial Papers (CP) with face value of ₹5,00,000 each
- Redemption dates range from June 2026 to March 2027
- Circular reference: NSE/CML/73762, Circular Ref. No. 0635/2026
Regulatory Changes
No regulatory changes. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Compliance Requirements
All members of NSE are notified that the listed commercial papers are now available for dealings on the Debt Market Segment under the designated security codes specified in the Annexure.
Important Dates
- Date of Allotment: April 15, 2026 (all instruments)
- Effective Date for Dealings: April 16, 2026
- Redemption Dates:
- Alembic Pharmaceuticals (APL CP): June 15, 2026
- Astec LifeSciences (ALSL CP): June 3, 2026
- Nxtra Data Limited (NDL CP): June 11, 2026
- Tata Steel (TSL CP): July 14, 2026
- National Housing Bank (NHB CP): July 15, 2026
- L&T Finance (LTFL CP): July 1, 2026
- Jio Credit (JCL CP): June 25, 2026
- IIFL Finance (IIFL CP): June 29, 2026
- Sundaram Finance (SFL CP): February 15, 2027
- Angel One (AOL CP): March 17, 2027
Impact Assessment
| Company | ISIN | Quantity | Issue Price (₹) | Redemption |
|---|---|---|---|---|
| Sundaram Finance Ltd | INE660A14YX8 | 20,000 | 4,71,910.50 | 15-Feb-2027 |
| Tata Steel Ltd | INE081A14GW6 | 20,000 | 4,92,208.50 | 14-Jul-2026 |
| Angel One Ltd | INE732I14DE2 | 6,500 | 4,64,906.50 | 17-Mar-2027 |
| Alembic Pharmaceuticals Ltd | INE901L14CI0 | 3,000 | 4,94,856.00 | 15-Jun-2026 |
| IIFL Finance Ltd | INE530B14HC0 | 4,000 | 4,91,020.50 | 29-Jun-2026 |
| National Housing Bank | INE557F14FN5 | 20,000 | 4,92,449.50 | 15-Jul-2026 |
| Astec LifeSciences Ltd | INE563J14DM2 | 500 | 4,95,345.00 | 03-Jun-2026 |
| Nxtra Data Ltd | INE0BTN14170 | 800 | 4,95,243.50 | 11-Jun-2026 |
| L&T Finance Ltd | INE498L14FS9 | 22,000 | 4,93,318.50 | 01-Jul-2026 |
| Jio Credit Ltd | INE282H14113 | 10,000 | 4,93,947.00 | 25-Jun-2026 |
This is a routine debt market listing with no direct impact on equity markets. The listing of these short-to-medium term commercial papers provides liquidity options for debt market participants. Total notional value across fresh issues is significant, with L&T Finance and National Housing Bank each listing 20,000+ units.
Impact Justification
Routine administrative listing notification for privately placed commercial papers on the debt market segment. No regulatory changes or compliance requirements for equity market participants. Affects only debt market members dealing in these specific CPs.