Description
BSE announces listing of two new commercial paper issues by Nuvama Wealth and Investment Limited totaling Rs. 175 crores.
Summary
BSE has listed two new commercial paper issues by Nuvama Wealth and Investment Limited on private placement basis, effective September 10, 2025. The issues comprise 500 units of 3-month paper and 3,000 units of 4-month paper, both with face value of Rs. 5 lakhs each.
Key Points
- Two commercial paper issues listed on BSE debt segment
- Issue 1: 500 units, face value Rs. 5 lakhs each, maturing December 9, 2025
- Issue 2: 3,000 units, face value Rs. 5 lakhs each, maturing January 9, 2026
- Both issues carry CARE A1+ and CRISIL A1+ credit ratings
- ICICI Bank Ltd serves as issuing and paying agent
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
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
Important Dates
- Listing Date: September 10, 2025
- Allotment Date: September 9, 2025
- Redemption Date (Issue 1): December 9, 2025
- Redemption Date (Issue 2): January 9, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt investment options for institutional investors. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no broader market implications