Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Sterlite Technologies Limited for trading in debt segment.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by Sterlite Technologies Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 18, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh face value each, total quantity 1,000 units
- Issue price: Rs. 4,91,236 per unit (discount to face value)
- Credit rating: CRISIL A1+ and ICRA A1+
- Scrip Code: 730038, Scrip ID: STL18825
- ISIN: INE089C14DP6
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise for trading
Important Dates
- Date of Allotment: August 18, 2025
- Date of Redemption: November 14, 2025
- Trading Start Date: August 18, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for Sterlite Technologies with 88-day maturity period. High credit ratings (A1+) indicate strong creditworthiness.
Impact Justification
Routine commercial paper listing with no significant market impact