Description
BSE announces listing of new commercial paper securities by Standard Chartered Securities (India) Limited on debt segment.
Summary
BSE has listed new commercial paper securities issued by Standard Chartered Securities (India) Limited on private placement basis, effective from August 18, 2025. Two tranches totaling Rs. 650 crores have been admitted to trading on the BSE Debt segment.
Key Points
- Two commercial paper issues listed with face value of Rs. 5 lakh each
- First tranche: 1000 securities (Rs. 500 crores) maturing June 19, 2026
- Second tranche: 300 securities (Rs. 150 crores) maturing February 17, 2026
- Both issues carry ICRA A1+ credit rating
- HDFC Bank Ltd serves as issuing and paying agent
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN numbers
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise for trading
- Trading members must use assigned scrip codes for transactions
Important Dates
- Listing Date: August 18, 2025
- First Issue Allotment: August 14, 2025
- Second Issue Allotment: August 18, 2025
- First Issue Redemption: June 19, 2026
- Second Issue Redemption: February 17, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt investment options for institutional investors. The A1+ rating indicates high credit quality, supporting confidence in the issuer’s financial strength.
Impact Justification
Routine commercial paper listing with no market-wide impact