Description
BSE lists new commercial paper securities of Time Technoplast Limited worth Rs. 15 crores on private placement basis.
Summary
BSE has listed new Commercial Paper securities of Time Technoplast Limited issued on private placement basis. The securities are worth Rs. 5 lakh each with 300 units totaling Rs. 15 crores, maturing on February 2, 2026.
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+
- Scrip Code: 729957, ISIN: INE508G14HV5
- 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
- Securities must be traded in standard denomination of Rs. 5 lakhs and multiples
- IDBI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 4, 2025
- Trading Commencement: August 4, 2025
- Redemption Date: February 2, 2026
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding avenue for Time Technoplast Limited through commercial paper issuance.
Impact Justification
Routine debt instrument listing with standard terms