Description

BSE lists new Commercial Paper of Time Technoplast Limited worth Rs. 10 crores on private placement basis.

Summary

BSE has listed new Commercial Paper of Time Technoplast Limited issued on private placement basis. The issue consists of 200 commercial papers of Rs. 5 lakhs each, totaling Rs. 10 crores. The papers are rated CRISIL A1+ and ICRA A1+ with a tenure of approximately 3 months.

Key Points

  • Commercial Paper quantity: 200 units of Rs. 5,00,000 each
  • Total issue size: Rs. 10 crores
  • 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

  • Securities will be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Important Dates

  • Allotment date: August 8, 2025
  • Redemption date: November 7, 2025
  • Trading commencement: August 8, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The issue provides Time Technoplast with working capital financing at competitive rates given the high credit ratings.

Impact Justification

Routine commercial paper listing with minimal market impact