Description

BSE announces listing of BHEL's Rs. 650 crore commercial paper with 19-day maturity period on debt segment.

Summary

BSE announces the listing of Bharat Heavy Electricals Ltd.’s commercial paper worth Rs. 650 crores on the debt segment. The securities are issued on private placement basis with face value of Rs. 5 lakhs each and carry CARE A1+ and IND A1+ credit ratings.

Key Points

  • 13,000 commercial paper units of Rs. 5 lakhs each listed
  • Issue price: Rs. 4,98,352.50 per unit (discount to face value)
  • Scrip Code: 729975, ISIN: INE257A14AB9
  • Credit Rating: CARE A1+, IND A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • ICICI Bank Limited acts as Issuing and Paying agent

Important Dates

  • Allotment Date: September 10, 2025
  • Listing Date: September 10, 2025
  • Redemption Date: September 29, 2025
  • Maturity Period: 19 days

Impact Assessment

Minimal market impact expected as this is a routine short-term debt instrument listing. The commercial paper provides BHEL with short-term funding while offering investors a highly-rated, liquid investment option for 19 days.

Impact Justification

Routine commercial paper listing with no market disruption expected