Description

BSE lists new commercial paper worth Rs. 25 crores issued by Network 18 Media & Investments Limited on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Network 18 Media & Investments Limited worth Rs. 25 crores (5,000 units of Rs. 5 lakh each) on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 5, 2025.

Key Points

  • Commercial paper denomination: Rs. 5,00,000 per unit
  • Total quantity: 5,000 units (Rs. 25 crores)
  • Issue price: Rs. 4,92,776 per unit
  • Credit rating: CARE A1+, IND A1+
  • ISIN: INE870H14VO3
  • Scrip code: 729960

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • ICICI Bank Ltd acts as Issuing and Paying agent

Important Dates

  • Allotment date: August 5, 2025
  • Trading commencement: August 5, 2025
  • Redemption date: November 4, 2025

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for Network 18 Media & Investments Limited with 3-month maturity period.

Impact Justification

Routine commercial paper listing with limited market impact