Description

BSE lists new Commercial Paper worth Rs. 35 crore issued by Larsen & Toubro Limited with maturity on September 26, 2025.

Summary

BSE has listed new Commercial Paper worth Rs. 35 crore (7,000 units of Rs. 5 lakh each) issued by Larsen & Toubro Limited on private placement basis. The securities are listed on BSE Debt segment with effect from August 13, 2025.

Key Points

  • Commercial Paper of face value Rs. 5,00,000 each
  • Total quantity: 7,000 units (Rs. 35 crore)
  • Issue price: Rs. 4,96,540.50 per unit
  • Credit rating: CRISIL A1+, IND A1+
  • ISIN: INE018A14LP2 (further listing under same ISIN)
  • Scrip Code: 730003, Scrip ID: LTL110825

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading only in dematerialised form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • State Bank of India acts as Issuing and Paying agent

Important Dates

  • Allotment Date: August 13, 2025
  • Trading Commencement: August 13, 2025
  • Redemption Date: September 26, 2025
  • Maturity Period: 44 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The short-term nature (44 days) and private placement basis limit broader market implications. Provides additional short-term funding avenue for Larsen & Toubro Limited.

Impact Justification

Routine commercial paper listing with standard terms and short maturity period