Description
BSE announces listing of Rs. 250 crore Commercial Paper by Network 18 Media & Investments Limited for trading on debt segment.
Summary
BSE has listed new Commercial Paper worth Rs. 250 crores 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. 5,00,000/- each (5000 units)
- Issue price: Rs. 492,679/- per unit
- Face value: Rs. 5,00,000/- per unit
- Credit rating: CARE A1+, IND A1+
- ISIN: INE870H14VX4
- Scrip Code: 730182
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedures followed.
Compliance Requirements
- Trading only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- ICICI Bank Ltd acts as Issuing and Paying Agent
Important Dates
- Allotment Date: September 10, 2025
- Trading Commencement: September 10, 2025
- Redemption Date: December 10, 2025
- Maturity Period: 3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding avenue for Network 18 Media & Investments Limited and investment option for debt market participants.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact