Description
BSE lists two new Commercial Paper securities of Lodha Developers Limited worth Rs. 50 crores each on private placement basis.
Summary
BSE has listed two new Commercial Paper securities of Lodha Developers Limited on private placement basis, effective September 5, 2025. Both securities have face value of Rs. 5 lakh each with ICRA A1+ credit rating.
Key Points
- Two Commercial Paper series listed: LDL-20-3-26-CP and LDL-3-12-25-CP
- Face value: Rs. 5,00,000 per security for both series
- Quantity: 1,000 securities each (total Rs. 50 crores per series)
- Credit Rating: ICRA A1+ for both securities
- Issue dates: September 4, 2025 for both
- Redemption dates: March 20, 2026 and December 3, 2025 respectively
- Issuing and Paying Agent: Yes Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialized form under specified ISIN numbers
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applies
- Trading members must use designated scrip codes and ISIN numbers
Important Dates
- Allotment Date: September 4, 2025
- Listing Date: September 5, 2025
- Redemption Dates:
- LDL-20-3-26-CP: March 20, 2026
- LDL-3-12-25-CP: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term funding options for Lodha Developers and investment opportunities for institutional investors in high-rated commercial paper.
Impact Justification
Routine commercial paper listing with no market-wide impact