Description

BSE announces listing of Commercial Paper worth Rs. 500 crores issued by Grasim Industries Ltd on private placement basis, effective December 11, 2025.

Summary

BSE has listed new Commercial Paper issued by Grasim Industries Ltd on private placement basis with effect from December 11, 2025. The instrument consists of 10,000 securities with a face value of Rs. 5,00,000 each, totaling Rs. 500 crores. The Commercial Paper is rated CRISIL A1+ and ICRA A1+, with a maturity period of 90 days.

Key Points

  • Total issue size: Rs. 500 crores (10,000 units of Rs. 5 lakhs each)
  • Scrip Code: 730743, Scrip ID: GIL111225
  • ISIN: INE047A14AQ2
  • Issue Price: Rs. 4,92,794.50 per unit (discount to face value)
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited
  • Market Lot: 1 unit

Regulatory Changes

No regulatory changes. This is a standard debt security listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE047A14AQ2
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all transactions
  • Members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: December 11, 2025
  • Date of Allotment: December 11, 2025
  • Redemption Date: March 11, 2026 (90-day maturity)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides Grasim Industries with short-term financing of Rs. 500 crores for a 90-day period. The high credit ratings (A1+ from both CRISIL and ICRA) reflect strong creditworthiness. Impact is limited to debt market participants and institutional investors dealing in commercial paper instruments. No effect on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with no market-wide implications, affects only debt market participants trading in Grasim Industries debt securities