Description

BSE announces listing of new Commercial Paper worth Rs. 75 crore issued by Mahindra Lifespace Developers Ltd on private placement basis.

Summary

BSE has listed new Commercial Paper issued by Mahindra Lifespace Developers Ltd on private placement basis. The instrument consists of 1,500 securities of Rs. 5,00,000 each (total Rs. 75 crore) with a tenure of approximately 3 months, maturing on February 10, 2026. The paper carries an IND A1+ credit rating and will trade in dematerialized form on the BSE Debt segment.

Key Points

  • Total Issue Size: Rs. 75 crore (1,500 units of Rs. 5 lakh each)
  • Issue Price: Rs. 4,75,895 per unit (discount to face value)
  • Face Value: Rs. 5,00,000 per unit
  • Credit Rating: IND A1+
  • Scrip Code: 730569
  • Scrip ID: MLDL131125
  • ISIN: INE813A14383
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: YES Bank Ltd

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded under ISIN Number INE813A14383

Important Dates

  • Allotment Date: November 13, 2025
  • Listing Date: November 14, 2025
  • Redemption Date: February 10, 2026
  • Tenure: Approximately 89 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with no significant impact on broader market operations.

Operational Impact: Trading members dealing in debt securities can now trade this Commercial Paper on the BSE Debt segment. The instrument provides a short-term investment option for institutional investors and debt market participants.

Entity-Specific: Provides Mahindra Lifespace Developers Ltd with short-term funding at competitive rates given the A1+ credit rating. The discount to face value (Rs. 4,75,895 vs Rs. 5,00,000) implies an effective yield for investors.

Impact Justification

Routine commercial paper listing announcement with limited market-wide impact, primarily informational for debt market participants