Description

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

Summary

BSE has listed new commercial paper issued by Birla Corporation Ltd worth Rs. 50 crores (1000 units of Rs. 5 lakhs each) on private placement basis. The commercial paper carries CRISIL A1+ rating and will mature on November 24, 2025.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 1000 units (Total value: Rs. 50 crores)
  • Scrip Code: 730101
  • ISIN: INE340A14155
  • Credit Rating: CRISIL A1+
  • Issue Price: Rs. 492,531 per unit
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialised form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Important Dates

  • Allotment Date: August 26, 2025
  • Listing Date: August 28, 2025
  • Redemption Date: November 24, 2025
  • Tenure: Approximately 3 months

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term financing option for Birla Corporation Ltd and investment opportunity for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with no market-wide implications