Description
BSE announces listing of ₹100 crore commercial paper issued by Sterlite Technologies Limited with maturity on December 26, 2025.
Summary
BSE has listed new commercial paper worth ₹100 crore issued by Sterlite Technologies Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 29, 2025.
Key Points
- Commercial paper of ₹5 lakh denomination each (2000 units)
- Scrip Code: 730116, Scrip ID: STL290825
- ISIN: INE089C14DR2
- Credit Rating: CRISIL A1+, ICRA A1+
- Issue price: ₹4,87,135.50 per unit
- HDFC Bank Limited as Issuing and Paying Agent
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Standard denomination of ₹5 lakhs and multiples thereof
- Tick size of 1 paise for trading
Important Dates
- Allotment Date: August 29, 2025
- Trading Start: August 29, 2025
- Redemption Date: December 26, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding for Sterlite Technologies with approximately 4-month maturity period.
Impact Justification
Routine debt instrument listing with limited market impact