Description

Network 18 Media & Investments Limited has listed 4,500 Commercial Papers worth Rs. 5 lakhs each on BSE Debt segment with effect from November 3, 2025.

Summary

Network 18 Media & Investments Limited has listed new Commercial Papers on BSE’s Debt segment effective November 3, 2025. The company issued 4,500 Commercial Papers on a private placement basis, each with a face value of Rs. 5,00,000. The instruments carry dual credit ratings of CARE A1+ and IND A1+, with ICICI Bank Ltd acting as the Issuing and Paying Agent. The Commercial Papers will mature on February 2, 2026.

Key Points

  • 4,500 Commercial Papers issued at Rs. 4,92,473.50 per instrument against face value of Rs. 5,00,000
  • Scrip Code: 730473, Scrip ID: N18MI31125, ISIN: INE870H14WC6
  • Credit Rating: CARE A1+ and IND A1+
  • Date of Allotment: November 3, 2025
  • Redemption Date: February 2, 2026
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Market Lot: 1 unit
  • Tick size: 1 paise
  • ICICI Bank Ltd is the Issuing and Paying Agent

Regulatory Changes

No regulatory changes announced in this circular.

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
  • The tick size of 1 paise must be observed for all transactions
  • Trading members can contact BSE debt department at 22728352/8597/8995/5753/8915 for clarifications

Important Dates

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

Impact Assessment

This is a routine commercial paper listing with minimal market-wide impact. The listing provides Network 18 Media & Investments Limited with short-term funding of Rs. 225 crores (4,500 units × Rs. 5 lakhs) at an implied discount rate. The strong credit ratings (A1+ from both CARE and India Ratings) indicate low credit risk. Impact is limited to debt market participants, institutional investors, and the issuing company’s treasury operations. The 91-day maturity classifies this as a short-term money market instrument with no significant operational changes for the broader market.

Impact Justification

Routine commercial paper listing with standard terms. Limited impact on broader market participants except for debt traders and issuing company.