Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) have come out with a framework for listing of commercial papers, a move aimed at broadening investors’ participation in such securities. Issuers can now apply for listing of commercial papers (CPs) issued on or after November 27, 2019.
This comes after the Securities and Exchange Board of India (SEBI) in October asked exchanges to put in place the necessary framework for systems and procedures for listing commercial papers. Under the guidelines, an issuer who desires to list its CPs needs to send an application for listing along with the specified disclosures to stock exchanges.
BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.