Description
BSE announces listing of new Commercial Paper worth Rs. 100 crores issued by Sterlite Technologies Limited on private placement basis.
Summary
BSE has listed new Commercial Paper securities of Sterlite Technologies Limited worth Rs. 100 crores (2000 units of Rs. 5 lakhs each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 29, 2025.
Key Points
- Commercial Paper denomination: Rs. 5,00,000 per unit
- Total quantity: 2000 units (Rs. 100 crores total)
- Issue price: Rs. 487,135.50 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Scrip code: 730116, Scrip ID: STL290825
- ISIN: INE089C14DR2
- Trading only in dematerialized form
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
Important Dates
- Date of allotment: August 29, 2025
- Date of redemption: December 26, 2025
- Trading commencement: August 29, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The Commercial Paper provides short-term funding for Sterlite Technologies Limited with a maturity period of approximately 4 months. HDFC Bank Limited serves as the Issuing and Paying agent.
Impact Justification
Routine commercial paper listing with no market-wide impact