Description

BSE lists new commercial paper issue of Birla Corporation Ltd worth Rs. 50 crores on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Birla Corporation Ltd on private placement basis. The issue comprises 1000 units of Rs. 5 lakh each, totaling Rs. 50 crores, with CRISIL A1+ rating and maturity period of approximately 3 months.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 each
  • Quantity: 1000 units (total Rs. 50 crores)
  • Issue Price: Rs. 4,92,531 per unit
  • Credit Rating: CRISIL A1+
  • ISIN: INE340A14155
  • Scrip Code: 730101
  • 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 for securities is 1 paise
  • Contact debt department for clarifications

Important Dates

  • Allotment Date: August 26, 2025
  • Listing Date: August 28, 2025
  • Redemption Date: November 24, 2025
  • Trading Effective: August 28, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing on private placement basis. The A1+ rating indicates good creditworthiness. Standard 3-month tenure commercial paper for corporate funding needs.

Impact Justification

Routine commercial paper listing with limited market impact