Description
Network 18 Media & Investments Limited has listed 6000 new Commercial Papers worth Rs. 5 lakhs each on BSE Debt segment on private placement basis, maturing on March 5, 2026.
Summary
Network 18 Media & Investments Limited has listed new Commercial Papers on the BSE Debt segment on December 4, 2025. The securities are issued on a private placement basis with a total quantity of 6000 units at Rs. 5,00,000 face value each. The instruments carry dual credit ratings of ICRA A1+ and IND A1+ and will mature on March 5, 2026. ICICI Bank Ltd acts as the Issuing and Paying agent.
Key Points
- Total quantity: 6000 Commercial Papers
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,679 per unit
- Total issuance size: Rs. 300 crores
- Scrip Code: 730699
- Scrip ID: NM041225
- ISIN: INE870H14WJ1
- Credit Rating: ICRA A1+, IND A1+
- Market lot: 1 unit
- Trading: Dematerialised form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE870H14WJ1
- Trading shall be in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will trade with a tick size of 1 paise
- Trading members requiring clarification should contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: December 4, 2025
- Listing Date: December 4, 2025 (effective from today)
- Redemption Date: March 5, 2026
- Tenure: Approximately 91 days
Impact Assessment
This is a routine commercial paper listing on the debt segment with minimal market impact. The instruments provide short-term funding for Network 18 Media & Investments Limited at a discount to face value (implied yield approximately 6% annualized). The dual high credit ratings (A1+) indicate strong creditworthiness. This listing does not affect equity market operations or general trading activities, impacting only debt market participants interested in short-term corporate debt instruments.
Impact Justification
Routine commercial paper listing with no impact on equity markets or general trading operations