Description
BSE announces listing of Rs. 50 crore commercial paper by Birla Group Holdings Private Limited with 90-day tenure.
Summary
BSE announces the listing of new Commercial Paper issued by Birla Group Holdings Private Limited on private placement basis, effective August 22, 2025. The instrument carries a face value of Rs. 5 lakh each with total quantity of 1000 units.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each
- Total quantity: 1000 units (Rs. 50 crores)
- Issue price: Rs. 4,92,160.50 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- ISIN: INE09OL14HS8 (further listing under same ISIN)
- Scrip Code: 730067, Scrip ID: BGHP210825
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Use specified ISIN number for all transactions
Important Dates
- Allotment Date: August 22, 2025
- Trading Effective Date: August 22, 2025
- Redemption Date: November 20, 2025
- Tenure: 90 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Birla Group Holdings and investment opportunity for debt market participants. Axis Bank Limited serves as the Issuing and Paying agent.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact