Description
BSE announces listing of Rs. 25 crore Commercial Paper issued by Time Technoplast Limited on private placement basis, maturing on 25th March 2026.
Summary
BSE has listed new Commercial Paper of Time Technoplast Limited issued on private placement basis effective December 1, 2025. The instrument comprises 500 units of Rs. 5 lakh denomination each, totaling Rs. 25 crore, with maturity date of March 25, 2026. The Commercial Paper is rated CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt instruments.
Key Points
- Issuer: Time Technoplast Limited
- Instrument Type: Commercial Paper (Private Placement)
- Total Issue Size: Rs. 25 crore (500 units × Rs. 5,00,000)
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,88,555.50 per unit
- Scrip Code: 730317
- Scrip ID: TTL26925
- ISIN: INE508G14HZ6 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: IDBI Bank Limited
- Trading Mode: Dematerialized form only
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 under ISIN INE508G14HZ6
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Minimum tick size of 1 paise must be maintained for price movements
- Securities will be traded exclusively on BSE Debt segment
Important Dates
- Date of Allotment: December 1, 2025
- Listing Date: December 1, 2025
- Maturity/Redemption Date: March 25, 2026
- Tenure: Approximately 114 days
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that adds short-term debt instruments to the BSE Debt segment. The instrument is part of Time Technoplast’s normal treasury operations for working capital management.
Investor Impact: Limited to institutional investors and high net-worth individuals participating in the debt market. The high credit ratings (A1+) indicate strong creditworthiness and low default risk.
Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip details for trading and settlement purposes. Contact debt department at specified phone numbers for clarifications: 22728352/8597/8995/5753/8915.
Impact Justification
Routine commercial paper listing with no market-wide implications. Affects only debt segment trading members and investors in Time Technoplast's short-term debt instruments.