Description

BSE announces listing of Sterlite Technologies Limited Commercial Paper worth Rs. 50 crores for trading in debt segment.

Summary

BSE has listed new Commercial Paper issued by Sterlite Technologies Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 18, 2025.

Key Points

  • Face Value: Rs. 5,00,000 per unit
  • Total Quantity: 1000 units (Rs. 50 crores total)
  • Issue Price: Rs. 4,91,236 per unit
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Scrip Code: 730038
  • ISIN: INE089C14DP6
  • Market Lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Securities must be traded only in dematerialised form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • HDFC Bank Limited serves as Issuing and Paying agent

Important Dates

  • Allotment Date: August 18, 2025
  • Trading Commencement: August 18, 2025
  • Redemption Date: November 14, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Sterlite Technologies with 88-day maturity period. High credit ratings (A1+) indicate low credit risk.

Impact Justification

Routine commercial paper listing with standard terms and limited market impact