Description
BSE announces listing of Nexus Select Trust Commercial Paper worth Rs. 20 crores for trading in debt segment.
Summary
BSE has listed new Commercial Paper securities of Nexus Select Trust worth Rs. 20 crores (4,000 units of Rs. 5 lakh each) issued on private placement basis. The securities are effective for trading from August 11, 2025, in the BSE Debt segment.
Key Points
- 4,000 Commercial Paper units of Rs. 5,00,000 each listed
- Issue price: Rs. 4,92,764 per unit (discount to face value)
- Credit rating: IND A1+
- ISIN: INE0NDH14072
- Scrip Code: 730001
- Allotment date: August 8, 2025
- Maturity date: November 7, 2025 (91 days)
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedure followed.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 8, 2025
- Trading Effective: August 11, 2025
- Maturity Date: November 7, 2025
Impact Assessment
Minimal market impact expected. This is a routine short-term commercial paper issuance by Nexus Select Trust for working capital requirements. The 91-day tenor and A1+ rating indicate standard commercial paper characteristics with low credit risk.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact