Description

BSE announces listing of Rs. 250 crore Commercial Paper by Network 18 Media & Investments Limited with CARE A1+ rating.

Summary

BSE has listed new Commercial Paper worth Rs. 250 crore issued by Network 18 Media & Investments Limited on private placement basis. The securities are admitted for trading on BSE Debt segment effective September 10, 2025.

Key Points

  • Commercial Paper of Rs. 5 lakh denomination each (5,000 units)
  • Total issue size: Rs. 250 crore
  • Credit Rating: CARE A1+, IND A1+
  • Issue Price: Rs. 4,92,679 per unit (face value Rs. 5 lakh)
  • Maturity: December 10, 2025 (91 days)
  • Trading only in dematerialized form
  • ICICI Bank Ltd acts as Issuing and Paying Agent

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise applicable

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 debt instrument listing. The commercial paper provides short-term funding for Network 18 Media & Investments Limited and offers institutional investors a rated investment option with 91-day maturity.

Impact Justification

Routine commercial paper listing with no broad market impact