Description
BSE lists new commercial paper worth Rs. 1,650 crores issued by Larsen & Toubro Limited on private placement basis.
Summary
BSE has listed new commercial paper securities of Larsen & Toubro Limited worth Rs. 1,650 crores (33,000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 12, 2025.
Key Points
- Commercial paper quantity: 33,000 units of Rs. 5,00,000 each
- Total value: Rs. 1,650 crores
- Scrip Code: 730003, Scrip ID: LTL110825
- ISIN: INE018A14LP2
- Credit Rating: CRISIL A1+, IND A1+
- Issue price: Rs. 4,96,384 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples
- State Bank of India acts as Issuing and Paying agent
Important Dates
- Allotment date: August 11, 2025
- Trading commencement: August 12, 2025
- Redemption date: September 26, 2025
Impact Assessment
Routine debt listing with minimal market impact. Provides short-term funding option for Larsen & Toubro Limited and investment opportunity for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with no market-wide impact