Description
NSE admits 10 privately placed Commercial Paper (CP) securities from companies including Tata Capital, IIFL Finance, NABARD, Cholamandalam, and Kotak Securities to dealings on the Debt Market Segment effective May 19, 2026.
Summary
NSE’s Listing Department (Circular Ref. No. 0804/2026, Download Ref No. NSE/CML/74295) notifies that 10 privately placed Commercial Paper (CP) securities have been admitted to dealings on the NSE Debt Market Segment effective May 19, 2026, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.
Key Points
- 10 fresh Commercial Paper issuances admitted to NSE Debt Market Segment effective May 19, 2026
- All securities are privately placed CPs with face value of ₹5,00,000 each
- Allotment dates are May 18–19, 2026; redemption periods range from July 2026 to May 2027
- Issuers span NBFCs, financial services, and large corporates
- Total CP units across all issuers exceed 75,900 securities
Securities Listed
| Company | Security | ISIN | Units | Issue Price (₹) | Allotment | Redemption |
|---|---|---|---|---|---|---|
| Tata Capital Limited | TCL CP 18/05/27 | INE976I14RI6 | 7,500 | 4,63,822.00 | 18-May-2026 | 18-May-2027 |
| HSBC Investdirect Financial Services (I) Limited | HIFSIL CP 17/08/26 Sr 18 | INE790I14HS1 | 1,000 | 4,90,702.00 | 18-May-2026 | 17-Aug-2026 |
| IIFL Finance Limited | IIFL CP 17/08/26 | INE530B14HI7 | 11,000 | 4,88,610.00 | 18-May-2026 | 17-Aug-2026 |
| National Bank for Agriculture and Rural Development | NABARD CP 17/08/26 | INE261F14PJ1 | 14,000 | 4,91,423.50 | 18-May-2026 | 17-Aug-2026 |
| Aditya Birla Money Limited | ABML CP 17/08/26 | INE865C14QA3 | 3,000 | 4,90,582.00 | 18-May-2026 | 17-Aug-2026 |
| Godrej Industries Limited | GIL CP 17/08/26 | INE233A148H3 | 1,500 | 4,91,676.50 | 18-May-2026 | 17-Aug-2026 |
| Nxtra Data Limited | NDL CP 10/07/26 | INE0BTN14188 | 4,300 | 4,95,218.00 | 18-May-2026 | 10-Jul-2026 |
| Cholamandalam Investment and Finance Company Limited | CIAFCL CP 17/07/26 | INE121A14YQ5 | 7,500 | 4,93,678.00 | 18-May-2026 | 17-Jul-2026 |
| Cholamandalam Investment and Finance Company Limited | CIAFCL CP 17/08/26 | INE121A14YR3 | 10,600 | 4,90,462.00 | 18-May-2026 | 17-Aug-2026 |
| Kotak Securities Limited | KSL CP 18/08/26 | INE028E14WH7 | 15,000 | 4,90,342.50 | 19-May-2026 | 18-Aug-2026 |
Regulatory Changes
No new regulatory changes. This circular is issued in pursuance of Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations, which governs the admission of privately placed securities to the Debt Market Segment.
Compliance Requirements
- Exchange members trading in the Debt Market Segment should note the designated security codes (ISINs) and use them for dealings from May 19, 2026
- No new compliance obligations are imposed on general market participants; this is an informational listing notice
Important Dates
- Effective Date for Trading: May 19, 2026
- Allotment Dates: May 18, 2026 (9 securities) and May 19, 2026 (Kotak Securities CP)
- Earliest Redemption: July 10, 2026 (Nxtra Data Limited CP)
- Latest Redemption: May 18, 2027 (Tata Capital Limited CP)
Impact Assessment
This is a routine administrative listing circular with low market impact. It increases liquidity options in the NSE Debt Market Segment for institutional investors seeking short-term CP instruments. The issuers are well-known corporates and NBFCs, suggesting normal short-term funding activity. The CPs carry maturities between approximately 2 months and 12 months, reflecting typical working capital and treasury management issuances. No impact on equity markets is expected.
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 traders and institutional investors holding these instruments.