Description

BSE lists Rs. 300 crore Commercial Paper of Network 18 Media & Investments Limited with 91-day maturity.

Summary

BSE has listed new Commercial Paper worth Rs. 300 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities are admitted to dealings on BSE Debt segment effective September 4, 2025.

Key Points

  • 6,000 units of Commercial Paper at Rs. 5 lakh each (total Rs. 300 crore)
  • Issue price: Rs. 4,92,727.50 per unit (face value Rs. 5,00,000)
  • Credit rating: CARE A1+, IND A1+
  • Maturity period: 91 days (September 4 to December 4, 2025)
  • Scrip Code: 730145, ISIN: INE870H14VW6
  • ICICI Bank Ltd serves as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialized form under specified ISIN
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise for trading
  • Market lot size of 1 unit

Important Dates

  • Allotment Date: September 4, 2025
  • Trading Commencement: September 4, 2025
  • Redemption Date: December 4, 2025

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. Provides short-term funding avenue for Network 18 Media & Investments Limited and investment option for institutional investors in high-rated commercial paper.

Impact Justification

Routine commercial paper listing with no market-wide implications