Description
BSE announces listing of Rs. 100 crore commercial paper by Network 18 Media & Investments Limited with 3-month tenor.
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 lakh denomination each
- Total quantity: 2000 units (Rs. 100 crore)
- Issue price: Rs. 4,92,776 per unit (face value Rs. 5 lakh)
- Credit rating: CARE A1+, IND A1+
- Scrip code: 729981, ISIN: INE870H14VQ8
- ICICI Bank Ltd acts as issuing and paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples
- Tick size of 1 paise applicable
- Trading members to contact debt department for clarifications
Important Dates
- Allotment date: August 7, 2025
- Redemption date: November 6, 2025
- Trading effective: August 7, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding option for Network 18 Media & Investments Limited with 3-month tenor.
Impact Justification
Routine commercial paper listing with no significant market impact