Description

BSE lists 1500 Commercial Papers of Mahindra Lifespace Developers Limited worth Rs. 5 lakhs each, issued on private placement basis with IND A1+ credit rating.

Summary

BSE has listed and admitted to trading 1500 units of Commercial Paper issued by Mahindra Lifespace Developers Limited on private placement basis in the BSE Debt segment effective November 6, 2025. The instruments are valued at Rs. 5,00,000 each with a credit rating of IND A1+ and will redeem on February 3, 2026.

Key Points

  • Quantity Listed: 1500 Commercial Paper units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,98,854 per unit
  • Scrip Code: 730498
  • Scrip ID: MLDL41125
  • ISIN: INE813A14375
  • Credit Rating: IND A1+
  • Market Lot: 1 unit
  • Allotment Date: November 4, 2025
  • Redemption Date: February 3, 2026
  • Issuing and Paying Agent: YES Bank Ltd
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt instruments on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE813A14375
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: November 6, 2025
  • Deemed Allotment Date: November 4, 2025
  • Listing Date: November 6, 2025
  • Redemption Date: February 3, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Limited market impact as this is a routine commercial paper listing in the debt segment. The instrument is targeted at institutional investors and debt market participants. The IND A1+ rating indicates highest safety for short-term debt instruments. Total issuance size is Rs. 75 crores (1500 units x Rs. 5 lakhs). Trading will be restricted to dematerialized form with minimum lot size of Rs. 5 lakhs, limiting participation to institutional and high-net-worth investors.

Impact Justification

Routine commercial paper listing with short 3-month tenure, affects only debt segment trading members and institutional investors dealing with commercial papers