Description

BSE announces listing of new commercial paper worth Rs. 75 crores issued by Mahindra Lifespace Developers Ltd on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Mahindra Lifespace Developers Ltd worth Rs. 75 crores (1500 units of Rs. 5 lakhs each) on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 18, 2025.

Key Points

  • Commercial paper issue of Rs. 5,00,000 per unit
  • Total quantity: 1500 units (Rs. 75 crores)
  • Issue price: Rs. 4,92,510 per unit
  • Credit rating: IND A1+
  • Allotment date: August 14, 2025
  • Maturity date: November 13, 2025
  • Scrip code: 730033
  • ISIN: INE813A14359

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • YES Bank Ltd acts as Issuing and Paying agent

Important Dates

  • Allotment date: August 14, 2025
  • Trading commencement: August 18, 2025
  • Redemption date: November 13, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding requirements. The 3-month tenure indicates standard working capital financing needs.

Impact Justification

Routine commercial paper listing with no market-wide impact