Description

BSE announces listing of Commercial Paper worth Rs. 500 crores issued by Grasim Industries Ltd on private placement basis, effective October 16, 2025.

Summary

BSE has listed new Commercial Paper issued by Grasim Industries Ltd on private placement basis. The instrument comprises 10,000 units of Rs. 5,00,000 each (total Rs. 500 crores) and is admitted to trading on the BSE Debt segment effective October 16, 2025. The commercial paper has a maturity of 50 days, with redemption scheduled for December 5, 2025. HDFC Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Quantity: 10,000 units of Rs. 5,00,000 face value each (total value: Rs. 500 crores)
  • Scrip Code: 730391
  • Scrip ID: GIL161025
  • ISIN: INE047A14AO7
  • Issue Price: Rs. 496,031.50 per unit
  • Credit Rating: CARE A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading: Only in dematerialized form
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

No regulatory changes announced. This is a routine listing notice.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE047A14AO7
  • Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all trades
  • For clarifications, trading members should contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Allotment Date: October 16, 2025
  • Listing Date: October 16, 2025
  • Redemption Date: December 5, 2025
  • Maturity Period: 50 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument provides Grasim Industries Ltd with short-term financing for approximately 50 days. The high credit ratings (CARE A1+ and ICRA A1+) indicate strong creditworthiness. The listing expands debt market offerings but has no direct impact on equity markets or broader trading operations. Trading members dealing in debt instruments can now facilitate transactions in this commercial paper.

Impact Justification

Routine commercial paper listing with no regulatory changes or market-wide impact; affects only debt segment operations for a single issuer's short-term instrument.