Description
BSE lists Rs. 225 crore Commercial Paper issued by Network 18 Media & Investments Limited with maturity on November 3, 2025.
Summary
BSE has listed new Commercial Paper securities of Network 18 Media & Investments Limited worth Rs. 225 crores (4,500 units of Rs. 5 lakh each) issued on private placement basis. The securities are effective for trading from August 4, 2025, with redemption scheduled for November 3, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each listed on BSE Debt segment
- Total quantity: 4,500 units (Rs. 225 crores total value)
- Scrip Code: 729955, Scrip ID: NMIL4825
- ISIN Number: INE870H14VP0
- Credit Rating: CARE A1+, IND A1+
- Issue Price: Rs. 4,92,776/- per unit
- ICICI Bank Ltd acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Trading members should contact debt department for clarifications
Important Dates
- Allotment Date: August 4, 2025
- Trading Effective Date: August 4, 2025
- Redemption Date: November 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Network 18 Media & Investments Limited with 3-month maturity period. The high credit ratings (A1+) indicate strong creditworthiness of the issuer.
Impact Justification
Routine commercial paper listing with no significant market implications