Description
BSE announces listing of new commercial paper securities issued by Nuvama Wealth and Investment Limited on private placement basis.
Summary
BSE has listed new commercial paper securities issued by Nuvama Wealth and Investment Limited on private placement basis, effective September 10, 2025. Two series of commercial papers with different maturity dates have been admitted for trading on the BSE Debt segment.
Key Points
- Two series of commercial paper listed: NWIL-09-12-25-CP and NWIL-09-01-26-CP
- First series: 500 units with redemption date December 9, 2025
- Second series: 3000 units with redemption date January 9, 2026
- Face value: Rs. 5,00,000 per unit for both series
- Credit rating: CARE A1+ and CRISIL A1+ for both series
- 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 for securities is 1 paise
- Market lot size is 1 for both series
Important Dates
- Listing effective date: September 10, 2025
- Allotment date: September 9, 2025
- First series redemption: December 9, 2025
- Second series redemption: January 9, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instruments for institutional investors. Standard private placement with established credit ratings ensures market confidence.
Impact Justification
Routine commercial paper listing with limited market impact