Description

ECL Finance Limited lists new commercial paper worth Rs. 25 crores on BSE debt segment with 6-month maturity.

Summary

ECL Finance Limited has listed new commercial paper worth Rs. 25 crores (500 units of Rs. 5 lakh each) on BSE’s debt segment. The papers are issued on private placement basis with CRISIL A1+ and IVR A1+ ratings, maturing on January 27, 2026.

Key Points

  • 500 commercial paper units of Rs. 5,00,000 each listed
  • Issue price: Rs. 4,80,589.50 per unit (discount to face value)
  • Scrip Code: 729277, Scrip ID: ECLF25425
  • ISIN: INE804I14XW9 (further listing under same ISIN)
  • Credit ratings: CRISIL A1+ and IVR A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment Date: July 29, 2025
  • Listing Date: July 30, 2025
  • Redemption Date: January 27, 2026
  • Maturity Period: ~6 months

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The instrument provides ECL Finance with short-term funding while offering investors a rated debt instrument with 6-month maturity. The high credit ratings (A1+) indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing with standard terms and limited market impact