Description

Network 18 Media & Investments Limited has listed new Commercial Paper worth Rs. 300 crores on BSE Debt segment with maturity in March 2026.

Summary

BSE has listed new Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis. The issue comprises 6,000 units of Rs. 5,00,000 each, totaling Rs. 300 crores, with a 91-day maturity period from December 4, 2025 to March 5, 2026. The instruments carry credit ratings of ICRA A1+ and IND A1+, with ICICI Bank Ltd serving as the Issuing and Paying Agent.

Key Points

  • Total issue size: Rs. 300 crores (6,000 units × Rs. 5,00,000)
  • Issue price: Rs. 4,92,679 per unit (face value Rs. 5,00,000)
  • Scrip Code: 730699, Scrip ID: NM041225
  • ISIN: INE870H14WJ1
  • Credit ratings: ICRA A1+ and IND A1+
  • Market lot: 1 unit
  • Allotment date: December 4, 2025
  • Redemption date: March 5, 2026
  • Trading only in dematerialized form

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 INE870H14WJ1
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Important Dates

  • Notice Date: December 4, 2025
  • Listing Date: December 4, 2025
  • Allotment Date: December 4, 2025
  • Redemption Date: March 5, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The 91-day maturity instrument provides short-term funding to Network 18 Media & Investments Limited at competitive rates (implied discount rate of approximately 6% annualized). The A1+ credit ratings from both ICRA and India Ratings indicate strong creditworthiness. The listing expands the debt market inventory but has no direct impact on equity markets or broader trading operations. Trading is restricted to institutional participants given the Rs. 5 lakh minimum denomination.

Impact Justification

Routine debt instrument listing with no material impact on equity trading or broader market operations