Description

Two new Commercial Paper issuances of Reliance Jio Infocomm Limited aggregating Rs. 2,350 crores listed on BSE Debt segment effective October 15, 2025.

Summary

BSE notifies the listing of two new Commercial Paper (CP) issuances by Reliance Jio Infocomm Limited on private placement basis, effective October 15, 2025. The total issuances aggregate Rs. 2,350 crores (8,000 units of Rs. 5 lakhs + 39,000 units of Rs. 5 lakhs). Both instruments carry CARE A1+ and CRISIL A1+ credit ratings with Axis Bank Ltd as the Issuing and Paying Agent.

Key Points

  • First issuance: 8,000 units of Commercial Paper (Scrip Code: 730388, ISIN: INE110L14UH2)
  • Face value Rs. 5,00,000 per unit, Issue price Rs. 4,95,631, Total size Rs. 400 crores
  • Allotment date: October 14, 2025, Redemption date: December 8, 2025 (55 days tenure)
  • Second issuance: 39,000 units of Commercial Paper (Scrip Code: 730389, ISIN: INE110L14UG4)
  • Face value Rs. 5,00,000 per unit, Issue price Rs. 4,95,080.50, Total size Rs. 1,950 crores
  • Allotment date: October 14, 2025, Redemption date: December 15, 2025 (62 days tenure)
  • Credit Rating: CARE A1+ and CRISIL A1+ for both issuances
  • Issuing and Paying Agent: Axis Bank Ltd
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market Lot: 1 unit

Regulatory Changes

No regulatory changes introduced in this circular. This is a standard debt listing notification.

Compliance Requirements

  • Trading members must ensure that the securities are traded only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denominations of Rs. 5 lakhs and multiples thereof
  • Trading members should use the designated tick size of 1 paise
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date (Both CPs): October 14, 2025
  • Listing Date: October 15, 2025
  • Redemption Date (First CP - RJIL141025): December 8, 2025
  • Redemption Date (Second CP - RJI141025): December 15, 2025

Impact Assessment

This is a routine debt market listing with minimal market impact. The Commercial Papers are short-term debt instruments (55-62 days tenure) issued on private placement basis. Given the high credit ratings (A1+ from both CARE and CRISIL), these instruments provide institutional investors with short-term investment options. The listing expands the debt market’s product offerings but does not affect equity markets or broader trading operations. The issuances reflect Reliance Jio’s continued access to the debt capital markets for short-term funding requirements.

Impact Justification

Routine debt listing notification for Commercial Paper issuances. Standard private placement with no impact on equity markets or regulatory changes.