Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by Shree Cements Ltd. on private placement basis with redemption date of September 23, 2025.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by Shree Cements Ltd. on private placement basis. The securities are admitted to dealings on BSE Debt segment effective August 20, 2025, with redemption scheduled for September 23, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (1000 units)
- Issue price: Rs. 497,322.50 per unit
- Credit rating: CARE A1+, CRISIL A1+
- Scrip Code: 729917, Scrip ID: SCL280725
- ISIN: INE070A14810 (Further listing under same ISIN)
- HDFC Bank Limited is the 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 is 1 paise
- Contact debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Allotment Date: August 20, 2025
- Listing Date: August 20, 2025
- Redemption Date: September 23, 2025
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. Provides additional short-term funding avenue for Shree Cements Ltd. with high credit ratings indicating low risk profile.
Impact Justification
Routine commercial paper listing with short-term maturity and standard terms