Description
BSE lists Rs. 25 crore commercial paper of Network 18 Media & Investments Limited with 3-month maturity.
Summary
BSE has listed new commercial paper worth Rs. 25 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities will trade on BSE Debt segment effective September 10, 2025.
Key Points
- Commercial paper of Rs. 5 lakh face value each (5,000 units)
- Issue price: Rs. 4,92,679 per unit
- Credit rating: CARE A1+, IND A1+
- ICICI Bank Ltd acts as Issuing and Paying Agent
- Trading only in dematerialized form
- Minimum trading lot: 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
- Securities must be traded in standard denomination of Rs. 5 lakhs and multiples
- Trading members can contact BSE debt department for clarifications
Important Dates
- Allotment Date: September 10, 2025
- Trading Commencement: September 10, 2025
- Redemption Date: December 10, 2025
Impact Assessment
Minimal market impact as this is a routine short-term commercial paper listing with 3-month maturity. Provides additional short-term funding avenue for Network 18 Media & Investments Limited.
Impact Justification
Routine commercial paper listing with standard terms and short maturity