Description

BSE announces listing of new Commercial Paper worth Rs. 50 crores issued by Axis Finance Limited on private placement basis.

Summary

BSE has listed new Commercial Paper issued by Axis Finance Limited worth Rs. 50 crores (1000 units of Rs. 5 lakh each) on private placement basis. The commercial paper carries CRISIL A1+ and IND A1+ credit ratings and will mature on October 29, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000 face value each
  • Total quantity: 1000 units (Rs. 50 crores)
  • Issue price: Rs. 4,92,364.50 per unit
  • Credit rating: CRISIL A1+, IND A1+
  • Scrip code: 729947, Scrip ID: AXFL30725
  • ISIN: INE891K14PG1
  • 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 securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Axis Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment date: July 30, 2025
  • Listing date: July 31, 2025
  • Redemption date: October 29, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit rating (A1+) indicates low credit risk for investors.

Impact Justification

Routine commercial paper listing with no significant market impact