Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Shree Cements Ltd. on private placement basis with 34-day tenor.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by Shree Cements Ltd. on private placement basis. The instruments carry CARE A1+ and CRISIL A1+ ratings and will mature on September 23, 2025.
Key Points
- Issue size: Rs. 50 crore (1,000 units of Rs. 5 lakh each)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,97,322.50 per unit
- Tenor: 34 days (August 20 to September 23, 2025)
- Credit ratings: CARE A1+ and CRISIL A1+
- Scrip code: 729917
- ISIN: INE070A14810
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading to be conducted in standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment date: August 20, 2025
- Trading commencement: August 20, 2025
- Redemption date: September 23, 2025
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Shree Cements with short-term financing at competitive rates given the high credit ratings. No significant impact on equity markets or trading operations expected.
Impact Justification
Routine commercial paper listing with standard terms and short tenor