Description
BSE announces listing of new commercial paper worth Rs. 500 crores by Aditya Birla Housing Finance Limited with CRISIL A1+ and ICRA A1+ ratings.
Summary
BSE has listed new commercial paper issued by Aditya Birla Housing Finance Limited on private placement basis. The issue consists of 10,000 units of Rs. 5 lakh each, totaling Rs. 500 crores, with maturity period of 3 months.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 10,000 units (Rs. 500 crores)
- Issue price: Rs. 4,92,764 per unit
- Credit ratings: CRISIL A1+ and ICRA A1+
- Scrip code: 730093, ISIN: INE831R14FE8
- Trading only in dematerialized form
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 for securities is 1 paise
Important Dates
- Allotment date: August 26, 2025
- Redemption date: November 25, 2025
- Trading effective: August 28, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Aditya Birla Housing Finance Limited with high credit ratings ensuring quality investment option for institutional investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact