Record dates fixed for redemption of two commercial papers
Dolat Algotech has informed the exchanges of the record dates for redemption of two commercial papers it has listed on BSE.
By ScoutQuest · · 2 min read
- CP 731593 record date / maturity
- record date 02-11-2026, maturity 03/11/2026
- CP 731637 record date / maturity
- record date 05-11-2026, maturity 06/11/2026
- Purpose
- redemption of CP
What the company said
Dolat Algotech has informed BSE and NSE of the record dates for redemption of two of its commercial papers. A record date is the cut-off date used to decide who is recorded as the holder for that corporate action.
- Commercial paper with scrip code 731593 and ISIN INE966A14074: record date 02-11-2026, maturity date 03/11/2026
- Commercial paper with scrip code 731637 and ISIN INE966A14090: record date 05-11-2026, maturity date 06/11/2026
- For both, the stated purpose of the record date is redemption of CP
What is a commercial paper
A commercial paper, or CP, is a short-term debt instrument that companies issue to raise money for a few months. It is bought mainly by banks, mutual funds and other institutional investors. The issuer promises to pay back the face value on the maturity date. Redemption simply means the issuer is paying the instrument back at maturity.
Why the record date matters
The record date tells the depository who is on the register as the holder on that date. Those holders are the ones whose redemption proceeds are settled. The maturity date is one day after each record date in both cases here.
Who this concerns
This intimation relates to the company's debt instruments. Holders of those commercial papers are the ones directly affected by the redemption. For someone tracking the company's equity shares, this is a routine debt-servicing disclosure that sets out two record dates and two maturity dates, with no other terms or amounts in the notice.
What a reader may take away
The update is a scheduled operational notice about the timeline for two maturities. It carries the specific identifiers, record dates and maturity dates needed to trace the two instruments on the exchange's debt segment. It is an update on dates and identifiers rather than a statement about the company's earnings or business, so it should be read for what it is: the redemption schedule of two short-term borrowings.
Also from Dolat Algotech
Record date for redemption of commercial paper fixed at 26 October 2026
19 Oct 2026
EGM on 4 November 2026 to consider statutory auditor and independent director appointments
13 Oct 2026
CFO certificate on commercial paper use for quarter ended 30th September 2026
10 Oct 2026
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