Description

BSE announces the listing of 1500 Commercial Papers of Rs. 5,00,000/- each issued by Mahindra Lifespace Developers Ltd. on private placement basis, effective December 11, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Mahindra Lifespace Developers Ltd. on private placement basis. The listing includes 1500 securities with a face value of Rs. 5,00,000/- each, totaling Rs. 75 crores. The securities are rated IND A1+ and will be traded in dematerialized form only on the BSE Debt segment.

Key Points

  • Issuer: Mahindra Lifespace Developers Ltd.
  • Security Type: Commercial Paper (privately placed)
  • Quantity: 1500 units
  • Face Value: Rs. 5,00,000/- per unit
  • Issue Price: Rs. 4,92,721/- per unit
  • Total Issue Size: Rs. 75 crores (at face value)
  • Scrip Code: 730745
  • Scrip ID: MLDL101225
  • ISIN: INE813A14391
  • Credit Rating: IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: YES BANK LTD

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 INE813A14391
  • Trading shall occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only
  • All trades must comply with debt market trading regulations

Important Dates

  • Notice Date: December 11, 2025
  • Listing Effective Date: December 11, 2025
  • Allotment Date: December 10, 2025
  • Redemption Date: March 6, 2026
  • Tenure: 86 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing that provides short-term financing to Mahindra Lifespace Developers Ltd. The securities are available only to institutional and high net-worth investors given the Rs. 5 lakh denomination requirement.

Operational Impact: None for retail investors. Trading members dealing in debt securities can now trade these instruments on the BSE Debt platform.

Liquidity: Limited secondary market liquidity expected given the private placement nature and short 86-day tenure until redemption.

Credit Quality: The IND A1+ rating indicates high credit quality and low credit risk for short-term instruments.

Impact Justification

Routine listing of commercial paper on private placement basis with no material impact on broader market operations or investor obligations.