Description

BSE announces listing of Commercial Paper worth Rs. 5,000 crore issued by Reliance Jio Infocomm Limited on private placement basis with redemption dates in December 2025.

Summary

BSE has listed new Commercial Paper securities issued by Reliance Jio Infocomm Limited on private placement basis, effective October 16, 2025. Two series of Commercial Papers totaling Rs. 1,450 crore have been admitted to trading on the BSE Debt segment, with Axis Bank Ltd acting as the Issuing and Paying Agent.

Key Points

  • Two series of Commercial Papers listed with face value of Rs. 5,00,000 each
  • Series 1 (RJIL161025): 10,000 units worth Rs. 500 crore, maturing December 22, 2025
  • Series 2 (RJI141025): 19,000 units worth Rs. 950 crore, maturing December 15, 2025
  • Both series rated CARE A1+ and CRISIL A1+
  • Allotment date: October 15, 2025
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Axis Bank Ltd

Regulatory Changes

No regulatory changes. This is a standard listing notification under existing BSE debt listing framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • Members should use tick size of 1 paise for pricing
  • For clarifications, members should contact BSE debt department at specified contact numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Date of Allotment: October 15, 2025
  • Trading Commencement: October 16, 2025
  • Redemption Date (Series 1): December 22, 2025
  • Redemption Date (Series 2): December 15, 2025

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing that provides Reliance Jio with working capital funding for approximately 60 days. The commercial papers are rated A1+ by both CARE and CRISIL, indicating highest safety for short-term instruments.

Operational Impact: Trading members gain access to highly-rated short-term debt instruments from a major corporate issuer. The securities provide investment opportunities for institutional investors seeking short-duration, low-risk debt exposure.

Issuer Impact: Enables Reliance Jio Infocomm Limited to access cost-effective short-term funding through the commercial paper market, supporting their operational cash flow requirements.

Impact Justification

Routine commercial paper listing notification for debt market participants. Standard short-term funding instrument with limited market-wide impact.