Description
NSE admits privately placed commercial papers from 10 companies including NTPC, Godrej Industries, IIFL Finance, HPCL, and others to dealings on the Debt Market Segment effective April 22, 2026.
Summary
NSE has admitted privately placed commercial papers (CPs) from 10 companies to dealings on the Debt Market Segment of the Exchange effective April 22, 2026, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations. All securities are short-term commercial papers with face value of ₹5,00,000 each.
Key Points
- 10 fresh commercial paper issuances admitted to NSE Debt Market Segment
- All CPs carry a face value of ₹5,00,000 per unit
- Allotment dates: April 21–22, 2026; redemption periods range from May to October 2026
- Circular issued under Circular Ref. No. 0666/2026 (Download Ref: NSE/CML/73848)
- Signed by Kruti Doshi, Manager, NSE Listing Department
Regulatory Changes
No regulatory changes. This is a routine notification under existing Regulation 3.1.1 of the NSE Debt Market (Trading) Regulations, confirming admission of privately placed securities to the Debt Market Segment.
Compliance Requirements
All NSE members dealing in the Debt Market Segment should note the new security codes assigned to the listed commercial papers as specified in the Annexure. No additional compliance action is required from members beyond awareness of the new listings.
Important Dates
| Company | ISIN | Allotment Date | Redemption Date | Quantity |
|---|---|---|---|---|
| Godrej Industries Ltd | INE233A148C4 | 21-Apr-2026 | 21-Jul-2026 | 1,500 |
| Sundaram Finance Ltd | INE660A14YY6 | 21-Apr-2026 | 14-Jul-2026 | 9,000 |
| NTPC Ltd | INE733E14BZ8 | 21-Apr-2026 | 09-Sep-2026 | 53,000 |
| Godrej Properties Ltd | INE484J14B83 | 21-Apr-2026 | 20-Jul-2026 | 2,500 |
| IIFL Finance Ltd (Sr 2603) | INE530B14HE6 | 21-Apr-2026 | 19-Oct-2026 | 3,500 |
| IIFL Finance Ltd (Sr 2604) | INE530B14HF3 | 21-Apr-2026 | 20-Jul-2026 | 240 |
| Hindustan Petroleum Corp Ltd | INE094A14JW3 | 21-Apr-2026 | 21-May-2026 | 21,000 |
| CEAT Ltd | INE482A14GB0 | 21-Apr-2026 | 20-Jul-2026 | 1,000 |
| HDFC Securities Ltd | INE700G14TD1 | 22-Apr-2026 | 01-Jul-2026 | 9,000 |
| Axis Securities Ltd | INE110O14ID0 | 22-Apr-2026 | 21-May-2026 | 12,000 |
Impact Assessment
This is a routine operational circular with minimal market impact. The listings represent standard short-term money market instruments (commercial papers) in the debt segment and do not affect equity markets. The largest issuance by volume is NTPC’s CP with 53,000 securities (face value ~₹2,650 crore), indicating significant institutional demand for NTPC’s short-term paper. HPCL and Axis Securities also have sizable issuances. These listings provide liquidity to debt market participants holding these CPs in secondary market trading.
Impact Justification
Routine debt market listing notification for privately placed commercial papers across 10 companies; no regulatory changes, no equity market impact, standard operational circular for debt segment members.