Description

BSE announces listing of Commercial Paper worth Rs. 500 crores issued by Grasim Industries Ltd on private placement basis, with redemption in March 2026.

Summary

BSE has listed new Commercial Paper issued by Grasim Industries Ltd on private placement basis with effect from December 11, 2025. The issue comprises 10,000 securities of Rs. 5,00,000 face value each, totaling Rs. 500 crores, with a 3-month tenure maturing on March 11, 2026. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+, reflecting strong credit quality.

Key Points

  • Total issue size: Rs. 500 crores (10,000 units × Rs. 5 lakhs)
  • Face value per unit: Rs. 5,00,000
  • Issue price: Rs. 4,92,794.50 per unit (discount of Rs. 7,205.50)
  • Scrip Code: 730743
  • Scrip ID: GIL111225
  • ISIN: INE047A14AQ2
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Market lot: 1 unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: HDFC Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE047A14AQ2
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • All settlements to be processed through the designated ISIN

Important Dates

  • Date of Allotment: December 11, 2025
  • Listing Date: December 11, 2025
  • Redemption Date: March 11, 2026
  • Tenure: 90 days (3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. Commercial papers are short-term unsecured debt instruments used by corporates for working capital requirements. The high credit ratings (A1+) indicate strong creditworthiness of Grasim Industries. The listing provides additional liquidity options in the debt market but has no direct impact on equity trading or broader market operations. This is standard corporate treasury management activity.

Impact Justification

Routine commercial paper listing for corporate treasury management with no impact on equity markets or broader regulatory changes