Description

BSE announces listing of 30,000 Commercial Paper instruments of Rs. 5 lakh each issued by Larsen & Toubro Limited on private placement basis, effective November 7, 2025.

Summary

BSE has listed new Commercial Paper instruments issued by Larsen & Toubro Limited on private placement basis. The instruments, totaling 30,000 units of Rs. 5,00,000 each, are admitted to dealings on the BSE Debt segment with effect from November 7, 2025. The commercial paper has a tenure of 90 days maturing on February 5, 2026, with credit ratings of CRISIL A1+ and IND A1+.

Key Points

  • Quantity: 30,000 units of Commercial Paper
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,650.50 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730516
  • Scrip ID: LTL071125
  • ISIN: INE018A14LS6
  • Credit Rating: CRISIL A1+, IND A1+
  • Allotment Date: November 7, 2025
  • Redemption Date: February 5, 2026
  • Issuing and Paying Agent: State Bank of India
  • Trading: Only in dematerialized form
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure trading of these securities only in dematerialized form under ISIN INE018A14LS6
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should use the tick size of 1 paise for trading these securities

Important Dates

  • Listing Date: November 7, 2025
  • Allotment Date: November 7, 2025
  • Redemption Date: February 5, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt instruments for institutional investors and money market participants. L&T’s strong credit ratings (A1+) indicate low credit risk. The 90-day tenor commercial paper adds to the debt market liquidity but has no impact on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with no broader market impact; affects only debt market participants and investors in L&T commercial paper