Description
BSE announces listing of Rs 225 crore commercial paper issued by Network 18 Media & Investments Limited for trading in debt segment.
Summary
BSE has listed new commercial paper worth Rs 225 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities are available for trading in the BSE Debt segment with effect from August 4, 2025.
Key Points
- Commercial paper quantity: 4,500 units of Rs 5 lakh each
- Total value: Rs 225 crore
- Issue price: Rs 4,92,776 per unit (face value Rs 5 lakh)
- Credit rating: CARE A1+, IND A1+
- Scrip code: 729955
- ISIN: INE870H14VP0
- Market lot: 1 unit
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Trading in standard denomination of Rs 5 lakhs and multiples thereof
- ICICI Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment date: August 4, 2025
- Trading commencement: 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 and investment option for debt market participants.
Impact Justification
Routine commercial paper listing with no market-wide implications