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NOTICES |
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Notice No. |
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20200109-24 |
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Notice Date |
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09 Jan 2020 |
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Category |
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Company related |
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Segment |
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Debt |
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Subject |
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Clarification on timelines for disclosures and listing of Commercial Paper |
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Content |
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This is in continuation of notice no. 20191226-32 dated Dec 26, 2019, all market participants and Issuers of Commercial Papers are requested to note the clarification on timelines for disclosures and listing as under:
Indicative Timeline
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Particulars
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T-1 Day*
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Disclosure Document to be filed online with the Exchange on its BSEBOND platform by Issuer
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T Day
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Deal Confirmation Day
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T+0 Day/ T+X Day
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Receipt of Funds from Investor(s)
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*Please note that details of CP issuance need to be provided to QIBs including Mutual funds before deal confirmation of CP
Further CP Issuer should ensure that listing of Commercial Paper on the Exchange is done within one day from the receipt of payment from Investor(s).
The other contents of the aforesaid notice will remain the same.
Bhushan Mokashi
Additional General Manager
Thursday, January 9, 2020 |
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