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