Description
BSE announces listing of Rs. 100 crore commercial paper by Redington Limited with 26-day maturity period.
Summary
BSE has listed new commercial paper securities of Redington Limited worth Rs. 100 crore (2000 units of Rs. 5 lakh each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective September 5, 2025.
Key Points
- Commercial paper issue size: Rs. 100 crore (2000 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,97,907.50 per unit (discount to face value)
- Credit rating: CRISIL A1+, ICRA A1+ (highest short-term rating)
- Trading only in dematerialized form under ISIN INE891D14A38
- Standard trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities must be traded in standard denomination of Rs. 5 lakhs and multiples
- HDFC Bank Ltd acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 4, 2025
- Listing Date: September 5, 2025
- Redemption Date: September 30, 2025
- Maturity Period: 26 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing with short 26-day maturity. The high credit ratings (A1+) indicate strong creditworthiness. Standard trading arrangements with no special conditions or restrictions.
Impact Justification
Routine commercial paper listing with standard terms and short maturity