Description

BSE announces listing of two series of commercial paper issued by Redington Limited aggregating Rs. 300 crores with redemption dates in December 2025 and January 2026.

Summary

BSE has listed two series of Commercial Paper issued by Redington Limited on private placement basis, effective October 20, 2025. The first series comprises 4,000 units of Rs. 5 lakhs each (total Rs. 200 crores) maturing on December 16, 2025. The second series comprises 2,000 units of Rs. 5 lakhs each (total Rs. 100 crores) maturing on January 9, 2026. Both series carry CRISIL A1+ and ICRA A1+ ratings.

Key Points

  • Series 1: 4,000 units of Commercial Paper with face value Rs. 5,00,000 each (Scrip Code: 730417, ISIN: INE891D14A87)
  • Series 1 issue price: Rs. 4,95,100.50, allotted on October 17, 2025, redemption on December 16, 2025
  • Series 2: 2,000 units of Commercial Paper with face value Rs. 5,00,000 each (Scrip Code: 730418, ISIN: INE891D14A95)
  • Series 2 issue price: Rs. 4,93,100.50, allotted on October 17, 2025, redemption on January 9, 2026
  • Both series rated CRISIL A1+ and ICRA A1+
  • HDFC Bank Ltd acts as Issuing and Paying Agent
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Market lot: 1 unit
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

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

Important Dates

  • Allotment Date: October 17, 2025 (both series)
  • Listing Date: October 20, 2025 (both series)
  • Redemption Date (Series 1): December 16, 2025
  • Redemption Date (Series 2): January 9, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instruments are short-term debt securities with tenures of approximately 60-84 days. The high credit ratings (A1+) indicate low credit risk. Impact is limited to debt market participants interested in short-term corporate paper. No effect on equity markets or broader trading operations. The total issuance of Rs. 300 crores represents standard corporate treasury management activity.

Impact Justification

Routine commercial paper listing notice with no material impact on equity markets or broader trading operations