Description
BSE lists Rs.125 crore Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis with 91-day maturity.
Summary
BSE has listed new Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis. The instrument comprises 2,500 units of Rs.5 lakh face value each, totaling Rs.125 crore, with a 91-day maturity period. The securities are rated CARE A1+ and IND A1+ and will trade exclusively in dematerialized form on the BSE Debt segment.
Key Points
- Issuer: Network 18 Media & Investments Limited
- Security Type: Commercial Paper (Private Placement)
- Total Issue Size: Rs.125 crore (2,500 units × Rs.5 lakh)
- Face Value: Rs.5,00,000 per unit
- Issue Price: Rs.4,92,510 per unit (discount of Rs.7,490)
- Scrip Code: 730544
- Scrip ID: N18M121125
- ISIN: INE870H14WE2
- Credit Rating: CARE A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must occur in standard denomination of Rs.5 lakhs and multiples thereof
- Securities will be traded under ISIN INE870H14WE2
Important Dates
- Listing Date: November 12, 2025
- Allotment Date: November 12, 2025
- Redemption Date: February 11, 2026
- Tenure: 91 days
Impact Assessment
This is a routine debt market listing with minimal market impact. The Commercial Paper listing provides Network 18 Media & Investments Limited with short-term funding at competitive rates (approximately 6.1% annualized discount rate). The high credit rating (A1+) indicates strong short-term creditworthiness. This listing does not affect equity trading or market operations and is relevant only to debt market participants and institutional investors dealing in money market instruments.
Impact Justification
Routine commercial paper listing with no impact on equity markets or trading operations