Description

BSE announces listing of two new Commercial Paper issues by Reliance Jio Infocomm Limited totaling Rs. 1,450 crores on private placement basis.

Summary

BSE has listed two new Commercial Paper issues by Reliance Jio Infocomm Limited on its Debt segment effective October 16, 2025. The total issuance amounts to Rs. 1,450 crores (Rs. 500 crores + Rs. 950 crores) issued on private placement basis with Axis Bank Ltd acting as the Issuing and Paying Agent. Both instruments carry top-tier credit ratings of CARE A1+ and CRISIL A1+.

Key Points

  • First Issue: 10,000 units of Rs. 5 lakh each (total Rs. 500 crores) maturing on December 22, 2025

    • Scrip Code: 730397, Scrip ID: RJIL161025
    • ISIN: INE110L14UI0
    • Issue Price: Rs. 4,94,609.50 per unit
    • Allotment Date: October 15, 2025

  • Second Issue: 19,000 units of Rs. 5 lakh each (total Rs. 950 crores) maturing on December 15, 2025

    • Scrip Code: 730389, Scrip ID: RJI141025
    • ISIN: INE110L14UG4 (further listing under same ISIN)
    • Issue Price: Rs. 4,95,159.00 per unit
    • Allotment Date: October 15, 2025

  • Trading in dematerialized form only

  • Standard denomination: Rs. 5 lakhs and multiples thereof

  • Tick size: 1 paise

  • Credit Rating: CARE A1+, CRISIL A1+ for both issues

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Transactions must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should contact BSE debt department (phone: 22728352/8597/8995/5753/8915) for any clarifications

Important Dates

  • Allotment Date: October 15, 2025 (both issues)
  • Listing Date: October 16, 2025
  • Redemption Date (First Issue): December 22, 2025 (68 days tenure)
  • Redemption Date (Second Issue): December 15, 2025 (61 days tenure)

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with no impact on equity markets or broader trading operations.

Issuer Profile: Reliance Jio Infocomm Limited is a well-established telecom operator with strong credit ratings, indicating low default risk.

Liquidity: These Commercial Papers provide additional short-term debt instruments for institutional investors in the BSE Debt segment. Trading expected to be limited given private placement nature and institutional investor base.

Risk Assessment: Low risk given (1) short tenure of approximately 2 months, (2) highest credit ratings from both CARE and CRISIL, and (3) issuer’s strong financial position.

Impact Justification

Routine commercial paper listing by established issuer. Standard short-term debt instrument with high credit ratings (CARE A1+, CRISIL A1+). Limited market impact as private placement already completed.