Description
Network 18 Media & Investments Limited has listed 1500 Commercial Papers of Rs. 5 lakh each on BSE Debt segment with maturity on January 14, 2026.
Summary
BSE has listed 1500 Commercial Papers issued by Network 18 Media & Investments Limited on private placement basis. Each paper has a face value of Rs. 5,00,000 and will be traded exclusively in dematerialized form on the BSE Debt segment. The instruments carry CARE A1+ and IND A1+ ratings and mature in approximately 90 days.
Key Points
- Total quantity: 1500 Commercial Papers
- Face value: Rs. 5,00,000 per paper
- Issue price: Rs. 4,92,662.50 per paper
- Scrip Code: 730410
- Scrip ID: NMIL161025
- ISIN: INE870H14WB8
- Credit Rating: CARE A1+, IND A1+
- Trading in dematerialized form only
- Market lot: 1 unit
- Tick size: 1 paise
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for newly issued debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall be in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities to be traded under ISIN Number INE870H14WB8
Important Dates
- Notice Date: October 17, 2025
- Allotment Date: October 16, 2025
- Listing Date: October 17, 2025
- Redemption Date: January 14, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides Network 18 Media & Investments Limited with short-term funding through the debt market. Impact is limited to debt segment participants and investors in commercial papers. The high credit ratings (A1+) indicate strong creditworthiness. Trading members can contact BSE debt department for clarifications.
Impact Justification
Routine commercial paper listing for short-term funding, limited market impact beyond debt segment participants