Description
ECL Finance Limited's new commercial paper of Rs. 5 lakh denomination listed on BSE Debt segment for trading.
Summary
ECL Finance Limited has listed new commercial paper securities on BSE’s Debt segment through private placement. The securities have a face value of Rs. 5 lakh each with 500 units issued, carrying CRISIL A1+ and IVR A1+ credit ratings.
Key Points
- 500 commercial paper units of Rs. 5,00,000 each listed on BSE Debt segment
- Scrip Code: 729277, Scrip ID: ECLF25425
- ISIN: INE804I14XW9 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, IVR A1+
- Issue price: Rs. 4,80,589.50 per unit
- Trading in dematerialized form only
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 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
- ICICI Bank Limited appointed as Issuing and Paying agent
Important Dates
- Allotment Date: July 29, 2025
- Listing Date: July 30, 2025
- Redemption Date: January 27, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding. The securities provide additional debt investment options for institutional investors with high credit rating ensuring low risk profile.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact