Description

BSE announces listing of Commercial Paper worth Rs. 200 crores issued by Redington Limited on private placement basis, effective November 21, 2025.

Summary

BSE has listed new Commercial Paper issued by Redington Limited on private placement basis, effective November 21, 2025. The instrument comprises 4,000 units of Rs. 5,00,000 each, totaling Rs. 200 crores, with a tenure of 91 days maturing on February 20, 2026. The paper is rated CRISIL A1+ and ICRA A1+, with HDFC Bank Ltd acting as Issuing and Paying Agent.

Key Points

  • Total issue size: Rs. 200 crores (4,000 units × Rs. 5 lakh)
  • Issue price: Rs. 4,92,510 per unit (discount to face value)
  • Face value: Rs. 5,00,000 per unit
  • Scrip Code: 730618
  • Scrip ID: RL211125
  • ISIN: INE891D14B03
  • Credit rating: CRISIL A1+, ICRA A1+
  • Trading only in dematerialized form
  • Market lot: 1 unit
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

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

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
  • Transactions must follow the prescribed tick size of 1 paise
  • For clarifications, trading members should contact BSE debt department at specified phone numbers (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

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument provides short-term debt market participants with an investment option in Redington Limited’s highly-rated paper (A1+ rating from both CRISIL and ICRA). The listing expands the debt segment offerings but does not affect equity markets or broader trading operations. Impact is limited to debt market participants specifically interested in commercial paper investments.

Impact Justification

Routine commercial paper listing with no market-wide impact, affects only debt segment trading members dealing with Redington Limited instruments