Description
BSE announces listing of Rs. 100 crore Commercial Paper issued by Network 18 Media & Investments Limited with maturity date November 6, 2025.
Summary
BSE has listed new Commercial Paper worth Rs. 100 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 7, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each
- Total quantity: 2000 units (Rs. 100 crore)
- Issue price: Rs. 4,92,776 per unit
- Credit rating: CARE A1+, IND A1+
- ISIN: INE870H14VQ8
- Scrip Code: 729981
- Market lot: 1 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: 1 paise
- Trading members to contact debt department for clarifications
Important Dates
- Allotment Date: August 7, 2025
- Trading Commencement: August 7, 2025
- Redemption Date: November 6, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides short-term funding avenue for Network 18 Media & Investments Limited and investment option for institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with standard terms and conditions