Description
BSE lists new commercial paper securities of Nuvama Wealth and Investment Limited with redemption dates in August and December 2025.
Summary
BSE has listed new Commercial Paper securities of Nuvama Wealth and Investment Limited on private placement basis. Two tranches totaling Rs. 175 crores (500 + 3000 units of Rs. 5 lakh each) have been admitted for trading on the BSE Debt segment with ICICI Bank Ltd as the Issuing and Paying agent.
Key Points
- First tranche: 500 units of Rs. 5 lakh each, maturing August 14, 2025 (Scrip Code: 729935)
- Second tranche: 3000 units of Rs. 5 lakh each, maturing December 15, 2025 (Scrip Code: 729663)
- Both tranches carry CARE A1+ and CRISIL A1+ credit ratings
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
- Tick size is 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded under specified ISIN numbers
Important Dates
- First Tranche Allotment Date: July 29, 2025
- First Tranche Redemption: August 14, 2025
- Second Tranche Allotment Date: July 30, 2025
- Second Tranche Redemption: December 15, 2025
- Trading Commencement: July 30, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term debt investment options for institutional investors. No impact on equity markets or broader regulatory framework.
Impact Justification
Routine debt instrument listing with no market-wide regulatory impact