Description
BSE announces listing of Rs. 500 crore Commercial Paper issued by Samvardhana Motherson International Limited on private placement basis, effective October 10, 2025.
Summary
BSE has listed new Commercial Paper securities issued by Samvardhana Motherson International Limited on private placement basis. The securities with face value of Rs. 5,00,000 each are admitted to trading on the BSE Debt segment effective October 10, 2025. The issue comprises 10,000 units totaling Rs. 500 crore with maturity on January 7, 2026.
Key Points
- Securities: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 10,000 units (Rs. 500 crore)
- Issue Price: Rs. 4,92,830.50 per unit
- Scrip Code: 730372
- Scrip ID: SMIL091025
- ISIN: INE775A14780
- Credit Rating: ICRA A1+, IND A1+
- Market Lot: 1 unit
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE775A14780
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for the securities is 1 paise
- Trading members requiring clarification should contact the debt department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: October 9, 2025
- Listing Date: October 10, 2025
- Redemption Date: January 7, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The instrument provides short-term funding to Samvardhana Motherson International Limited for approximately 90 days. The high credit rating (A1+) indicates low credit risk. Impact is limited to debt market participants interested in highly-rated short-term corporate debt instruments. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing for a single company with no broader market or regulatory implications. Affects only debt market participants trading in this specific instrument.