Description
BSE lists new Commercial Paper worth Rs. 15 crores issued by Nexus Select Trust on private placement basis with 3-month maturity.
Summary
BSE has listed new Commercial Paper securities of Nexus Select Trust worth Rs. 15 crores (3000 units of Rs. 5 lakhs each) on private placement basis. The securities carry IND A1+ credit rating and mature in 3 months.
Key Points
- 3000 Commercial Paper units of Rs. 5,00,000 each listed on BSE Debt segment
- Issue price: Rs. 4,92,842.50 per unit (discount to face value)
- Credit rating: IND A1+
- ISIN: INE0NDH14080, Scrip Code: 730005
- ICICI Bank Limited appointed as Issuing and Paying agent
- Trading in dematerialized form only with tick size of 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
- Securities to be traded under specified ISIN and scrip codes
Important Dates
- Allotment Date: August 11, 2025
- Trading Commencement: August 12, 2025
- Redemption Date: November 10, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term debt investment option for institutional investors. Standard private placement with established issuer and reputable paying agent ensures smooth settlement process.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact