Description

BSE announces listing of Rs. 10 crore Commercial Paper issued by Time Technoplast Limited with CRISIL A1+ and ICRA A1+ ratings.

Summary

BSE has listed new Commercial Paper worth Rs. 10 crore issued by Time Technoplast Limited on private placement basis. The securities are rated CRISIL A1+ and ICRA A1+ and will trade in dematerialized form only.

Key Points

  • Commercial Paper face value: Rs. 5,00,000 each
  • Total quantity: 200 units (Rs. 10 crore)
  • Issue price: Rs. 4,90,822.50 per unit
  • Credit ratings: CRISIL A1+ and ICRA A1+
  • Scrip Code: 729983, Scrip ID: TTL80825
  • ISIN: INE508G14HW3
  • Issuing and Paying Agent: IDBI Bank Limited

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Important Dates

  • Allotment Date: August 8, 2025
  • Listing Date: August 8, 2025
  • Redemption Date: November 7, 2025
  • Tenure: 91 days

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The high credit ratings (A1+) indicate good creditworthiness of the issuer. Trading will be limited to institutional and high net worth investors due to high denomination requirement.

Impact Justification

Routine commercial paper listing with no broader market implications