Description

BSE lists new Commercial Paper of BHEL worth Rs. 500 crores with 3-month tenure and CARE A1+ rating.

Summary

BSE has listed new Commercial Paper of Bharat Heavy Electricals Limited (BHEL) worth Rs. 500 crores issued on private placement basis. The securities will trade in dematerialized form with effect from September 4, 2025.

Key Points

  • Commercial Paper of Rs. 5 lakhs face value each (10,000 units)
  • Issue price: Rs. 4,92,411.50 per unit
  • Credit rating: CARE A1+ and IND A1+
  • Scrip Code: 730149, ISIN: INE257A14AC7
  • Trading denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes involved - routine debt listing procedure.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited serves as Issuing and Paying agent

Important Dates

  • Listing Date: September 4, 2025
  • Allotment Date: September 4, 2025
  • Redemption Date: December 3, 2025
  • Tenure: 3 months

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for BHEL and investment avenue for debt market participants. High credit rating indicates low risk profile.

Impact Justification

Routine commercial paper listing with no significant market impact