Description

BSE announces listing of 4000 units of Commercial Paper issued by Birla Group Holdings Private Limited with face value of Rs. 5 lakhs each, rated CRISIL A1+ and ICRA A1+, maturing on March 9, 2026.

Summary

BSE has listed new Commercial Paper issued by Birla Group Holdings Private Limited on private placement basis. The debt securities commenced trading on the BSE Debt segment on December 8, 2025, with a total issuance of 4000 units at Rs. 5,00,000 face value each. The instrument carries dual credit ratings of CRISIL A1+ and ICRA A1+, with Axis Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • Issuer: Birla Group Holdings Private Limited
  • Instrument Type: Commercial Paper (Private Placement)
  • Scrip Code: 729327
  • Scrip ID: BGHP70525
  • Detail Name: BGHPL-9-3-26-CP
  • ISIN: INE09OL14HE8 (Further listing under same ISIN)
  • Quantity: 4000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,845.50 per unit
  • Market Lot: 1 unit
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Axis Bank Limited
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE09OL14HE8
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • All trades must comply with BSE Debt segment regulations
  • Members requiring clarifications should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 8, 2025
  • Listing Date: December 8, 2025
  • Redemption Date: March 9, 2026
  • Tenure: Approximately 3 months (91 days)

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term commercial paper for a private placement, affecting only institutional investors who participated in the issuance.

Investor Impact: Limited to institutional investors holding these instruments. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness and low default risk.

Liquidity: Trading in standard lots of Rs. 5 lakhs restricts participation to institutional and high-net-worth investors. Secondary market liquidity for commercial paper is typically limited given the short tenure.

Operational Impact: No operational changes for regular equity market participants. Only debt segment traders dealing in commercial paper need to note the new scrip details.

Impact Justification

Routine debt instrument listing with short tenure. Limited market impact as it's a private placement commercial paper with standard terms for institutional investors only.