Description
BSE announces listing and admission to dealings of Commercial Paper worth Rs.150 crore issued by Network 18 Media & Investments Limited on private placement basis, effective November 11, 2025.
Summary
BSE has listed Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis with effect from November 11, 2025. The issue comprises 3,000 securities of face value Rs.5,00,000 each, totaling Rs.150 crore, with a tenor of 91 days maturing on February 10, 2026. The securities will trade in dematerialized form only on the BSE Debt segment.
Key Points
- Issuer: Network 18 Media & Investments Limited
- Instrument: Commercial Paper on private placement basis
- Total Issue Size: Rs.150 crore (3,000 units of Rs.5 lakh each)
- Scrip Code: 730528
- Scrip ID: N18M111125
- ISIN: INE870H14WF9
- Issue Price: Rs.4,92,510 per unit (discount of Rs.7,490 to face value)
- Face Value: Rs.5,00,000
- Credit Rating: CARE A1+, IND A1+
- Issuing and Paying Agent: ICICI Bank Ltd
- Trading: Dematerialized form only, standard denomination of Rs.5 lakhs and multiples
- Tick Size: 1 paise
- Market Lot: 1 unit
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for debt securities.
Compliance Requirements
- Trading members must trade the securities only in dematerialized form under ISIN INE870H14WF9
- Trading shall take place in standard denomination of Rs.5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment only
- Members requiring clarification should contact BSE debt department on specified contact numbers (22728352/8597/8995/5753/8915)
Important Dates
- Listing Date: November 11, 2025
- Allotment Date: November 11, 2025
- Redemption Date: February 10, 2026
- Tenor: 91 days
Impact Assessment
Market Impact: Low. This is a routine short-term debt instrument listing with limited broader market implications. Commercial paper is a standard corporate funding mechanism.
Operational Impact: Minimal. Trading members can now trade this instrument on BSE Debt segment following standard debt trading procedures.
Investor Impact: Provides institutional investors with a rated short-term debt investment option carrying CARE A1+ and IND A1+ ratings, indicating highest safety for timely payment. The implicit yield of approximately 6.1% annualized offers returns commensurate with 91-day commercial paper rates.
Impact Justification
Routine commercial paper listing with 91-day tenure. Limited market impact as it involves standard short-term debt instrument on private placement basis.