Description

BSE announces listing of new Commercial Paper worth Rs. 50 crores issued by Birla Corporation Ltd on private placement basis.

Summary

BSE has listed new Commercial Paper securities of Birla Corporation Ltd worth Rs. 50 crores (1000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted to dealings on BSE Debt segment effective August 11, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000 each (1000 units total)
  • Issue price: Rs. 4,92,531 per unit
  • Face value: Rs. 5,00,000 per unit
  • ISIN: INE340A14148
  • Scrip Code: 729998
  • Credit Rating: CRISIL A1+
  • ICICI Bank Limited is the Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size is 1 paise
  • Trading members must use specified ISIN for transactions

Important Dates

  • Allotment Date: August 8, 2025
  • Trading Commencement: August 11, 2025
  • Redemption Date: November 6, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding. The 90-day tenure and A1+ rating indicate standard corporate funding activity with low risk profile.

Impact Justification

Routine commercial paper listing with minimal market impact