Description

BSE lists Rs. 50 crore commercial paper of Birla Corporation Ltd with 90-day maturity and CRISIL A1+ rating.

Summary

BSE has listed new commercial paper worth Rs. 50 crores issued by Birla Corporation Ltd on private placement basis. The commercial paper has a face value of Rs. 5 lakhs per unit, carries CRISIL A1+ rating, and matures on November 24, 2025.

Key Points

  • Commercial paper of Rs. 5,00,000 face value per unit listed
  • Total quantity: 1,000 units (Rs. 50 crores total)
  • Issue price: Rs. 4,92,531 per unit
  • Credit rating: CRISIL A1+
  • Scrip code: 730101, ISIN: INE340A14155
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities in dematerialized form only
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment date: August 26, 2025
  • Listing date: August 28, 2025
  • Redemption date: November 24, 2025
  • Maturity period: 90 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The A1+ rating indicates strong credit quality, providing institutional investors with a secure short-term investment option.

Impact Justification

Routine commercial paper listing with standard terms and short maturity