Description

BSE announces listing of 4000 Commercial Papers of Rs.5 lakh each issued by Redington Limited on private placement basis, with credit rating CRISIL A1+ and ICRA A1+.

Summary

BSE has listed new Commercial Paper securities issued by Redington Limited on private placement basis effective November 21, 2025. The listing comprises 4000 Commercial Papers with face value of Rs.5,00,000 each, totaling Rs.200 crore, rated CRISIL A1+ and ICRA A1+. HDFC Bank Ltd serves as the Issuing and Paying Agent.

Key Points

  • Security Type: Commercial Paper issued on private placement basis
  • Quantity: 4000 units of Rs.5,00,000 each
  • Total Issue Size: Rs.200 crore
  • Scrip Code: 730618
  • Scrip ID: RL211125
  • ISIN Number: INE891D14B03
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs.492,510 per unit
  • Market Lot: 1 unit
  • Trading: Dematerialized form only
  • Issuing and Paying Agent: HDFC Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard debt instrument listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE891D14B03
  • Trading shall take place in standard denomination of Rs.5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities admitted to dealings on BSE Debt segment from November 21, 2025

Important Dates

  • Notice Date: November 21, 2025
  • Date of Allotment: November 21, 2025
  • Listing Effective Date: November 21, 2025
  • Date of Redemption: February 20, 2026
  • Tenure: 91 days

Impact Assessment

Limited market impact as this is a routine commercial paper listing on the debt segment. The securities are short-term debt instruments with 3-month tenure, rated at the highest credit rating (A1+) by both CRISIL and ICRA. Impact is confined to debt market participants and institutional investors dealing with Redington Limited’s commercial papers. No effect on equity markets or broader trading operations.

Impact Justification

Routine debt instrument listing with no market-wide implications, affects only specific debt market participants dealing with Redington's commercial paper