Description

Redington Limited has listed new Commercial Paper worth Rs. 200 crores (4000 units of Rs. 5 lakhs each) on BSE Debt segment with maturity on February 20, 2026.

Summary

Redington Limited has listed new Commercial Paper securities on BSE’s Debt segment effective November 21, 2025. The issue comprises 4,000 units of Rs. 5,00,000 each (total Rs. 200 crores) issued on private placement basis with a 3-month maturity period ending February 20, 2026. The securities carry CRISIL A1+ and ICRA A1+ credit ratings, indicating highest safety for short-term instruments.

Key Points

  • Issuer: Redington Limited
  • Security Type: Commercial Paper (private placement)
  • Total Issue Size: Rs. 200 crores (4,000 units)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,510 per unit (discount of Rs. 7,490)
  • Scrip Code: 730618
  • Scrip ID: RL211125
  • ISIN: INE891D14B03
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing debt market framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE891D14B03
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all transactions
  • For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Date: November 21, 2025
  • Redemption Date: February 20, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness of Redington Limited. The 3-month maturity and private placement nature suggest standard short-term funding operations. Impact is limited to:

  • Debt market participants seeking short-term, highly-rated instruments
  • Institutional investors with access to private placement securities
  • No impact on equity markets or retail investors
  • Standard liquidity enhancement for Redington Limited’s short-term funding requirements

Impact Justification

Routine commercial paper listing announcement with standard terms, affecting only debt market participants and not impacting broader equity markets or requiring regulatory compliance actions.