Description

BSE announces listing of L&T's Rs. 165 crore commercial paper issue with 46-day maturity period.

Summary

BSE has listed new Commercial Paper securities issued by Larsen & Toubro Limited on private placement basis. The issue comprises 33,000 securities of Rs. 5 lakh each, totaling Rs. 165 crores, with a 46-day maturity period.

Key Points

  • Issue size: 33,000 securities of Rs. 5,00,000 each (total Rs. 165 crores)
  • Issue price: Rs. 4,96,384 per security (discount to face value)
  • Credit rating: CRISIL A1+, IND A1+
  • ISIN: INE018A14LP2
  • Scrip code: 730003
  • Trading in dematerialized form only
  • 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
  • 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
  • Maturity period: 46 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The issue represents standard corporate treasury operations with no broader market implications.

Impact Justification

Routine commercial paper listing with no market-wide implications