Description
ECL Finance Limited has listed two new Commercial Papers on BSE Debt segment with face value of Rs. 5 lakhs each, totaling 1000 papers across two series.
Summary
ECL Finance Limited has listed two new series of Commercial Papers on BSE Debt segment effective November 12, 2025. The securities were issued on private placement basis with 500 papers in each series, face value of Rs. 5,00,000 each, and have received CRISIL A1+ and IVR A1+ credit ratings. ICICI Bank Ltd serves as the Issuing and Paying Agent.
Key Points
- Two series of Commercial Papers listed with total 1000 papers (500 each)
- Series 1 (ECLFL-21-05-26-CP): Scrip Code 730537, ISIN INE804I14YF2, Issue Price Rs. 4,78,348, Redemption on May 21, 2026
- Series 2 (ECL-10-08-26-CP): Scrip Code 730538, ISIN INE804I14YG0, Issue Price Rs. 4,69,393, Redemption on August 10, 2026
- Both series allotted on November 11, 2025
- Credit Rating: CRISIL A1+ and IVR A1+ for both series
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size is 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
- Trading must be done in standard denomination of Rs. 5 lakhs and multiples
- Market lot is 1 unit
Important Dates
- Allotment Date: November 11, 2025
- Listing Date: November 12, 2025
- Redemption Date (Series 1): May 21, 2026
- Redemption Date (Series 2): August 10, 2026
Impact Assessment
This is a routine debt listing with minimal market impact. The commercial papers provide short-term financing to ECL Finance Limited with maturities ranging from approximately 6 to 9 months. The high credit ratings (A1+) indicate strong creditworthiness. The listing expands debt market inventory but has no direct impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing on private placement basis with no market-wide implications