Description
BSE lists new Commercial Paper of Time Technoplast Limited worth Rs. 15 crores with maturity date February 2, 2026.
Summary
BSE has listed new Commercial Paper securities of Time Technoplast Limited on its Debt segment effective August 4, 2025. The securities were issued on private placement basis with a total value of Rs. 15 crores (300 units of Rs. 5 lakh each).
Key Points
- Commercial Paper of Rs. 5,00,000/- each (300 units)
- Issue price: Rs. 4,81,512.50 per unit
- Credit Rating: CRISIL A1+, ICRA A1+
- ISIN: INE508G14HV5
- Scrip Code: 729957
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes - routine listing process for commercial paper securities.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited acts as Issuing and Paying agent
Important Dates
- Listing Date: August 4, 2025
- Allotment Date: August 4, 2025
- Redemption Date: February 2, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding option for Time Technoplast Limited with good credit ratings (A1+ from both CRISIL and ICRA), indicating low credit risk for investors.
Impact Justification
Routine commercial paper listing with no significant market impact