Description
BSE lists new Commercial Paper of Reliance Retail Ventures Limited worth Rs. 1,300 crores with CARE A1+ and CRISIL A1+ ratings.
Summary
BSE has listed new Commercial Paper issued by Reliance Retail Ventures Limited on private placement basis. The securities are worth Rs. 5 lakhs each with 26,000 units totaling Rs. 1,300 crores, carrying CARE A1+ and CRISIL A1+ credit ratings.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (26,000 units)
- Scrip Code: 730077, ISIN: INE929O14DX2
- Issue Price: Rs. 4,92,812.50 per unit
- Credit Rating: CARE A1+ and CRISIL A1+
- ICICI Bank Limited as Issuing and Paying Agent
- Trading in dematerialized form only
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
Important Dates
- Allotment Date: August 22, 2025
- Redemption Date: November 21, 2025
- Listing Effective: August 25, 2025
Impact Assessment
Routine commercial paper listing with minimal market impact. Provides short-term funding avenue for Reliance Retail Ventures Limited with 91-day maturity period.
Impact Justification
Routine commercial paper listing with standard terms and conditions