Description
BSE announces listing of two new commercial paper securities issued by Standard Chartered Securities (India) Limited on private placement basis.
Summary
BSE has listed two new commercial paper securities issued by Standard Chartered Securities (India) Limited on private placement basis, effective August 18, 2025. Both securities carry ICRA A1+ credit rating and will trade in dematerialized form only.
Key Points
- Two commercial paper issues listed on BSE Debt segment
- First issue: 1000 units with redemption date June 19, 2026 (ISIN: INE472H14706)
- Second issue: 300 units with redemption date February 17, 2026 (ISIN: INE472H14698)
- Face value of Rs. 5,00,000 each for both issues
- ICRA A1+ credit rating for both securities
- HDFC Bank Ltd acts as Issuing and Paying agent
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
- Tick size for securities is 1 paise
- Market lot size is 1 unit
Important Dates
- Listing Date: August 18, 2025
- First Issue Allotment: August 14, 2025
- First Issue Redemption: June 19, 2026
- Second Issue Allotment: August 18, 2025
- Second Issue Redemption: February 17, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide additional short-term debt investment options for institutional investors. The A1+ rating indicates high credit quality, making these suitable for conservative debt portfolios.
Impact Justification
Routine commercial paper listing with no broader market implications