Description

ECL Finance Limited lists 200 units of Commercial Paper worth Rs. 10 crores on BSE Debt segment, maturing on March 16, 2026.

Summary

ECL Finance Limited has listed new Commercial Paper securities on BSE’s Debt segment effective October 13, 2025. The listing comprises 200 units of Commercial Paper issued on a private placement basis, with each unit valued at Rs. 5,00,000. The total issue size is Rs. 10 crores. The instruments carry CRISIL A1+ and IVR A1+ credit ratings and will mature on March 16, 2026. ICICI Bank Ltd serves as the Issuing and Paying Agent.

Key Points

  • 200 units of Commercial Paper listed, face value Rs. 5,00,000 each
  • Total issue size: Rs. 10 crores
  • Issue price: Rs. 4,82,364 per unit (discount to face value)
  • Scrip Code: 730381, Scrip ID: EFL101025, ISIN: INE804I14YD7
  • Credit ratings: CRISIL A1+ and IVR A1+
  • Allotment date: October 10, 2025
  • Maturity date: March 16, 2026 (approximately 5-month tenure)
  • Trading only in dematerialized form
  • Market lot: 1 unit
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt market regulations.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE804I14YD7
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications
  • ICICI Bank Ltd acts as the Issuing and Paying Agent for redemption processes

Important Dates

  • Notice Date: October 13, 2025
  • Listing Effective Date: October 13, 2025
  • Allotment Date: October 10, 2025
  • Redemption Date: March 16, 2026

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to BSE’s platform. The impact is limited to institutional investors and debt market participants interested in highly-rated short-term paper.

Operational Impact: Low. Trading members dealing in debt securities can now trade ECL Finance Limited’s Commercial Paper. The instrument’s high credit rating (A1+) indicates strong creditworthiness, making it suitable for conservative institutional portfolios.

Investor Relevance: Relevant primarily for institutional investors seeking short-term debt instruments with approximately 5-month maturity. The discount pricing (Rs. 4,82,364 vs face value Rs. 5,00,000) offers implicit yield to maturity. Minimum investment requirement of Rs. 5 lakhs limits participation to institutional and high-net-worth investors.

Impact Justification

Routine commercial paper listing with no immediate market impact; affects only debt segment participants and institutional investors in short-term instruments.