Description
BSE announces listing of Rs. 300 crore Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 300 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities will trade in dematerialized form under ISIN INE870H14VW6 with ICICI Bank as the issuing and paying agent.
Key Points
- Face value: Rs. 5,00,000 per unit
- Total quantity: 6,000 units (Rs. 300 crore)
- Issue price: Rs. 4,92,727.50 per unit
- Credit rating: CARE A1+, IND A1+
- Market lot: 1 unit
- Scrip code: 730145
- Trading in standard denomination of Rs. 5 lakhs and multiples
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
- Contact debt department for clarifications on specified numbers
Important Dates
- Allotment date: September 4, 2025
- Trading commencement: September 4, 2025
- Redemption date: December 4, 2025
- Tenure: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Network 18 Media & Investments Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide impact