Description
BSE announces listing of Rs. 125 crore Commercial Paper issued by Sterlite Technologies Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 125 crore issued by Sterlite Technologies Limited on private placement basis. The securities will trade on BSE Debt segment with effect from September 1, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000/- each (2,500 units)
- Issue price: Rs. 4,83,595/- per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Scrip Code: 730120, ISIN: INE089C14DQ4
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- HDFC Bank Limited acts as Issuing and Paying agent
Important Dates
- Listing date: September 1, 2025
- Allotment date: August 29, 2025
- Redemption date: January 27, 2026
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding option for Sterlite Technologies Limited with maturity of approximately 5 months.
Impact Justification
Routine commercial paper listing with no market-wide implications