Description

BSE announces listing of Rs. 75 crore Commercial Paper by Mahindra Lifespace Developers Limited with redemption date of November 4, 2025.

Summary

BSE has listed new Commercial Paper issued by Mahindra Lifespace Developers Limited worth Rs. 75 crore (1,500 units of Rs. 5 lakh each) on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 11, 2025.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 1,500 units (total value Rs. 75 crore)
  • Scrip Code: 729997
  • ISIN: INE813A14342
  • Credit Rating: IND A1+
  • Issue Price: Rs. 4,95,205/- per unit
  • Allotment Date: August 8, 2025
  • Redemption Date: November 4, 2025
  • Issuing and Paying Agent: YES Bank Ltd

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will be traded only in dematerialised form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for securities is 1 paise
  • Trading members can contact debt department for clarifications

Important Dates

  • Allotment Date: August 8, 2025
  • Trading Commencement: August 11, 2025
  • Redemption Date: November 4, 2025

Impact Assessment

Limited market impact as this is a routine commercial paper listing. The 88-day tenure paper provides short-term funding for Mahindra Lifespace Developers Limited. The A1+ rating indicates strong credit quality.

Impact Justification

Routine commercial paper listing with limited market impact