Description

BSE announces listing of 4000 commercial papers worth Rs. 5 lakhs each issued by Redington Limited on private placement basis, effective October 13, 2025.

Summary

BSE has listed and admitted new commercial paper securities issued by Redington Limited on a private placement basis to trading on the BSE Debt segment effective October 13, 2025. The issue consists of 4000 commercial papers with a face value of Rs. 5,00,000 each, carrying CRISIL A1+ and ICRA A1+ credit ratings. The securities will be traded only in dematerialized form with HDFC Bank Ltd acting as the Issuing and Paying Agent.

Key Points

  • Quantity: 4000 commercial papers of Rs. 5,00,000 each
  • Total issue size: Rs. 200 crores
  • Scrip Code: 730382, Scrip ID: RL101025
  • ISIN: INE891D14A79
  • Issue Price: Rs. 494,917.50 per unit
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Ltd

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE891D14A79
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Allotment Date: October 10, 2025
  • Listing Date: October 13, 2025
  • Redemption Date: December 12, 2025
  • Tenure: 63 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The securities are limited to the debt segment and available only to institutional investors and qualified participants. The short tenure (63 days) and high credit ratings (A1+) indicate this is a standard short-term financing instrument. Impact is limited to Redington Limited’s treasury operations and debt market participants interested in high-rated short-term paper.

Impact Justification

Routine commercial paper listing with no market-wide implications; relevant only to debt market participants and Redington stakeholders