Description
BSE announces listing of Rs. 1,000 crore Commercial Paper issued by Reliance Retail Ventures Limited with 91-day maturity.
Summary
BSE has listed new Commercial Paper worth Rs. 1,000 crore issued by Reliance Retail Ventures Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 29, 2025.
Key Points
- Commercial Paper of Rs. 5 lakh face value each, totaling 20,000 units
- Issue price: Rs. 4,92,788 per unit (discount to face value)
- Credit Rating: CARE A1+ and CRISIL A1+ (highest short-term rating)
- Scrip Code: 730114, ISIN: INE929O14DZ7
- ICICI Bank Limited acts as Issuing and Paying Agent
- Trading permitted only in dematerialized form
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size set at 1 paise for price movements
- Standard BSE debt segment trading rules apply
Important Dates
- Allotment Date: August 28, 2025
- Listing Date: August 29, 2025
- Redemption Date: November 27, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding avenue for Reliance Retail Ventures and offers investment option for debt market participants. High credit ratings indicate low default risk for investors.
Impact Justification
Routine commercial paper listing with no market disruption or significant regulatory changes