BSE Notice No. 20260428-50 directs trading members to immediately cease dealing in the commercial papers (CPs) of 17 companies that have fixed record dates for CP redemption in May 2026. The suspension applies to the Debt segment and is a standard pre-redemption procedure to protect investors.

Key Points

• Trading in the listed commercial papers of all 17 companies must be suspended effective immediately.
• Record dates range from 12 May 2026 to 20 May 2026 (and beyond, as the list appears truncated).
• Settlement DRs cited are in the 628/2026–634/2026 range.
• Companies span sectors including oil & gas, NBFCs, housing finance, and wealth management.
• All listed ISINs are unique per CP issuance tranche.

Regulatory Changes

No new regulatory framework is introduced. This is a standing procedural instruction under BSE’s debt segment rules requiring suspension of CP trading ahead of the record date for redemption.

Compliance Requirements

• Trading Members: Must not execute any buy or sell transactions in the commercial papers listed below from the relevant ex-dates onward.
• Scrip IDs Affected: BPCL-13-05-26-CP, AXFL-18-5-26-CP, IHFC-18-5-26-CP, 360OPL-18-5-26-CP, BFSL-18-5-26-CP, MFL-18-05-26-CP, 360OWL-19-05-26-CP, JUPPL-19-05-26-CP, 360OAAML-19-05-26-CP, OPL-19-5-26-CP, IHFCL-20-5-26-CP, AAML-20-5-26-CP, RRVL-20-5-26-CP, PFL-20-5-26-CP, OWL-20-5-26-CP, BFSL-20-05-26-CP, AHFL-21-05-26-CP (and potentially more).
• Members must ensure no transactions are processed in these instruments beyond their respective ex-dates.

Important Dates

Impact Assessment

This notice has a confined, procedural impact on the BSE debt segment. CP holders of the listed instruments will have their positions redeemed at face value on the respective record dates; no secondary market trading will be possible post ex-date. Equity markets and broader indices are unaffected. The issuers—including large names like BPCL and Reliance Retail Ventures—are simply maturing short-term debt instruments as scheduled. Debt market participants and treasury desks holding these CPs should plan liquidity accordingly ahead of the ex-dates in mid-May 2026.