Description

3000 units of Commercial Paper worth Rs. 150 crores issued by Dalmia Cement (Bharat) Limited listed on BSE Debt segment with maturity on February 11, 2026.

Summary

BSE has listed 3000 units of Commercial Paper issued by Dalmia Cement (Bharat) Limited on private placement basis on the BSE Debt segment effective November 13, 2025. The issue aggregates to Rs. 150 crores with face value of Rs. 5 lakhs per unit, issued at a discount price of Rs. 4,92,473.50 per unit. The instruments carry CRISIL A1+ and IND A1+ credit ratings and will mature on February 11, 2026.

Key Points

  • Total issue size: 3000 units aggregating Rs. 150 crores
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,92,473.50 per unit (issued at discount)
  • Date of allotment: November 12, 2025
  • Maturity date: February 11, 2026 (91-day tenor)
  • Credit rating: CRISIL A1+ and IND A1+ (highest short-term rating)
  • Scrip Code: 730550
  • Scrip ID: DCBL121125
  • ISIN: INE755K14FQ8
  • Issuing and Paying Agent: IDBI Bank Limited
  • Trading permitted only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Market lot: 1 unit
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must ensure trading occurs only in dematerialized form under ISIN INE755K14FQ8
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all transactions
  • All settlement and payment processes to be coordinated through IDBI Bank Limited as the Issuing and Paying Agent

Important Dates

  • November 12, 2025: Date of allotment
  • November 13, 2025: Listing effective date on BSE Debt segment
  • February 11, 2026: Redemption/Maturity date

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing for a 91-day short-term debt instrument. The listing expands debt market liquidity marginally but has no significant impact on equity markets or broader trading operations.

Investor Impact: Low. Commercial paper is primarily institutional in nature given the Rs. 5 lakh minimum denomination. The A1+ credit rating indicates highest credit quality for short-term instruments, providing institutional investors with a low-risk investment option.

Company Impact: Standard treasury operation for Dalmia Cement to raise short-term working capital of Rs. 150 crores at competitive rates, reflecting the company’s strong credit profile.

Impact Justification

Routine commercial paper listing with 91-day maturity. Standard debt instrument listing with no broader market implications.