Description
BSE lists new commercial paper securities of Time Technoplast Limited worth Rs. 30 crores on private placement basis.
Summary
BSE has listed new commercial paper securities of Time Technoplast Limited worth Rs. 30 crores (600 units of Rs. 5 lakhs each) issued on private placement basis, effective August 11, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each (600 units)
- Issue price: Rs. 4,81,434/- per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Scrip code: 729996, ISIN: INE508G14HX1
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited acts as issuing and paying agent
Important Dates
- Allotment date: August 11, 2025
- Redemption date: February 11, 2026
- Trading commencement: August 11, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The 6-month tenure indicates standard working capital financing.
Impact Justification
Routine commercial paper listing with no broader market implications