Description

Network 18 Media & Investments Limited has listed new Commercial Paper worth Rs. 250 crores on BSE Debt segment with ICRA A1+ and IND A1+ credit ratings, maturing on March 11, 2026.

Summary

Network 18 Media & Investments Limited has successfully listed new Commercial Paper (CP) worth Rs. 250 crores (5,000 units of Rs. 5 lakhs each) on the BSE Debt segment effective December 10, 2025. The CP was issued on a private placement basis with a tenure of 91 days, maturing on March 11, 2026. The securities carry dual credit ratings of ICRA A1+ and IND A1+, indicating highest degree of safety for timely payment. ICICI Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Total Issue Size: Rs. 250 crores (5,000 Commercial Paper units)
  • Face Value/Paid-up Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,643 per unit (discount of Rs. 7,357 per unit)
  • Credit Rating: ICRA A1+ and IND A1+ (highest short-term rating)
  • Scrip Code: 730727
  • Scrip ID: NMIL101225
  • ISIN: INE870H14WK9
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized only
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt segment regulations for commercial paper issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE870H14WK9
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • All trades subject to tick size of 1 paise
  • Trading members requiring clarification should contact BSE Debt Department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 10, 2025
  • Date of Allotment: December 10, 2025
  • Listing Date: December 10, 2025 (effective today)
  • Date of Redemption: March 11, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing by Network 18 Media & Investments Limited on private placement basis. The CP provides short-term funding for the company’s working capital requirements.

Investor Impact: The high credit ratings (ICRA A1+ and IND A1+) indicate strong creditworthiness and minimal credit risk. The discount of approximately 1.47% over 91 days provides investors with returns commensurate with the short tenure.

Operational Impact: Trading members have access to trade these securities on the BSE Debt segment in dematerialized form with standard lot size of Rs. 5 lakhs. The listing expands the debt securities available for institutional and high net-worth investors in the secondary market.

Impact Justification

Routine commercial paper listing by a listed company on private placement basis. Standard short-term debt instrument with no material market-wide impact.