Description

Network 18 Media & Investments Limited has listed new Commercial Paper worth Rs. 225 crore on BSE Debt segment for trading with effect from November 3, 2025.

Summary

Network 18 Media & Investments Limited has listed 4,500 units of Commercial Paper on private placement basis on the BSE Debt segment effective November 3, 2025. The total issue size is Rs. 225 crore (4,500 units × Rs. 5 lakh each) with a 91-day maturity period. The instrument carries dual credit ratings of CARE A1+ and IND A1+, with ICICI Bank Ltd acting as the Issuing and Paying Agent.

Key Points

  • Instrument Type: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,473.50 per unit (approximately 1.5% discount)
  • Total Quantity: 4,500 units (Total value: Rs. 225 crore)
  • Scrip Code: 730473
  • Scrip ID: N18MI31125
  • ISIN: INE870H14WC6
  • Credit Rating: CARE A1+ and IND A1+
  • Market Lot: 1 unit
  • Trading: Dematerialized form only in standard denomination of Rs. 5 lakhs and multiples
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE870H14WC6
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members requiring clarifications should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 3, 2025
  • Allotment Date: November 3, 2025
  • Redemption Date: February 2, 2026
  • Tenor: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Low. This is a routine commercial paper listing for short-term debt financing. The instrument provides Network 18 Media & Investments Limited with working capital for a 3-month period.

Trading Impact: Minimal. The listing adds liquidity to the debt segment but is limited to institutional and high-net-worth investors given the Rs. 5 lakh minimum trading lot. The strong credit ratings (A1+) indicate low credit risk.

Investor Impact: Limited to debt market participants. The discount to face value implies an effective yield of approximately 6.1% annualized for the 91-day tenure.

Impact Justification

Routine commercial paper listing for short-term debt instrument with 3-month maturity. Limited market impact as it affects only debt segment trading members.