Description
BSE announces listing of Rs. 1,675 crore commercial paper issue by Reliance Retail Ventures Limited with 91-day maturity.
Summary
BSE has listed new commercial paper worth Rs. 1,675 crore issued by Reliance Retail Ventures Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective September 5, 2025.
Key Points
- Commercial paper worth Rs. 1,675 crore (33,500 units of Rs. 5 lakh each)
- Issue price: Rs. 4,92,715.50 per unit against face value of Rs. 5,00,000
- Credit ratings: CARE A1+ and CRISIL A1+
- Trading only in dematerialized form under ISIN INE929O14EC4
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
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 acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 4, 2025
- Trading Commencement: September 5, 2025
- Redemption Date: December 4, 2025
- Maturity Period: 91 days
Impact Assessment
Minimal market impact as this is a routine debt listing. The commercial paper provides short-term funding for Reliance Retail Ventures Limited and offers institutional investors a highly-rated short-term investment option with 91-day maturity.
Impact Justification
Routine debt listing with no impact on equity markets or trading operations