Description
BSE lists new Commercial Paper of Sterlite Technologies Limited worth Rs. 100 crores on private placement basis with redemption date 26/12/2025.
Summary
BSE has listed new Commercial Paper issued by Sterlite Technologies Limited on private placement basis. The instrument has a face value of Rs. 5,00,000 per unit with 2000 units totaling Rs. 100 crores, issued at Rs. 487,135.50 per unit and maturing on December 26, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each, total 2000 units
- Issue price: Rs. 487,135.50 per unit
- Scrip Code: 730116, Scrip ID: STL290825
- ISIN: INE089C14DR2
- Credit Rating: CRISIL A1+, ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded under the specified ISIN number
Important Dates
- Allotment Date: August 29, 2025
- Trading Commencement: August 29, 2025
- Redemption Date: December 26, 2025
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides short-term funding avenue for Sterlite Technologies Limited and investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no regulatory changes or market-wide impact