Description

Network 18 Media & Investments Limited has listed new commercial paper worth Rs. 25 crores on BSE debt segment.

Summary

Network 18 Media & Investments Limited has listed new commercial paper worth Rs. 25 crores (5,000 units of Rs. 5 lakh each) on BSE’s debt segment. The commercial papers are issued on private placement basis with CARE A1+ and IND A1+ credit ratings.

Key Points

  • Commercial paper of Rs. 5,00,000 face value each
  • Total quantity: 5,000 units (Rs. 25 crores)
  • Issue price: Rs. 4,92,776 per unit
  • Scrip code: 729960
  • ISIN: INE870H14VO3
  • Credit rating: CARE A1+, IND A1+
  • 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
  • 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 5, 2025
  • Redemption date: November 4, 2025
  • Listing effective: August 5, 2025

Impact Assessment

Routine debt instrument listing with minimal market impact. Provides short-term funding option for Network 18 Media & Investments Limited with 3-month maturity period.

Impact Justification

Routine commercial paper listing with no market-wide implications