Description

New commercial paper worth Rs. 75 crores issued by Mahindra Lifespace Developers Limited listed on BSE debt segment effective August 11, 2025.

Summary

Mahindra Lifespace Developers Limited has issued new Commercial Paper worth Rs. 75 crores (1500 units of Rs. 5 lakhs each) on private placement basis, which is now listed and admitted to trading on BSE debt segment effective August 11, 2025.

Key Points

  • Commercial Paper issued on private placement basis
  • Face value: Rs. 5,00,000 per unit
  • Total quantity: 1500 units (Rs. 75 crores)
  • Issue price: Rs. 4,95,205 per unit
  • Credit rating: IND A1+
  • ISIN: INE813A14342
  • Scrip code: 729997

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialised form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise applicable
  • YES Bank Ltd acts as Issuing and Paying agent

Important Dates

  • Allotment date: August 8, 2025
  • Trading effective date: August 11, 2025
  • Redemption date: November 4, 2025

Impact Assessment

Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Mahindra Lifespace Developers Limited with 88-day maturity period.

Impact Justification

Routine commercial paper listing with no significant market impact