Description

BSE announces listing of Rs. 450 crore Commercial Paper issued by Sharekhan Limited with 3-month tenor and CARE A1+/ICRA A1+ rating.

Summary

BSE has listed new Commercial Paper worth Rs. 450 crore issued by Sharekhan Limited on private placement basis. The instrument carries CARE A1+ and ICRA A1+ ratings with a 3-month maturity period.

Key Points

  • Commercial Paper of Rs. 5,00,000 each (9,000 units totaling Rs. 450 crore)
  • Issue price: Rs. 4,91,495.91 per unit (face value Rs. 5,00,000)
  • Credit rating: CARE A1+ and ICRA A1+
  • Allotment date: September 9, 2025
  • Redemption date: December 9, 2025
  • ISIN: INE211H14AE5
  • Scrip Code: 730183
  • HDFC Bank Limited serves as Issuing and Paying Agent

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise for trading
  • Trading members must use specified ISIN number

Important Dates

  • Allotment Date: September 9, 2025
  • Listing Date: September 10, 2025
  • Redemption Date: December 9, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding. The high credit ratings indicate low credit risk for investors.

Impact Justification

Routine commercial paper listing with no market-wide implications