Description

Network 18 Media & Investments Limited has listed new Commercial Paper worth Rs. 200 crores on BSE Debt segment with ICRA A1+ and IND A1+ rating.

Summary

BSE has listed new Commercial Paper issued by Network 18 Media & Investments Limited on private placement basis. The issue comprises 4,000 units of Rs. 5 lakh each, totaling Rs. 200 crores, with a tenure of 91 days. The securities carry credit ratings of ICRA A1+ and IND A1+, indicating highest safety for short-term instruments. ICICI Bank Ltd serves as the Issuing and Paying Agent.

Key Points

  • Quantity: 4,000 units of Rs. 5,00,000 each (Total: Rs. 200 crores)
  • Scrip Code: 730742, Scrip ID: NMI111225
  • ISIN: INE870H14WM5
  • Issue Price: Rs. 4,92,643 per unit (discount to face value)
  • Credit Rating: ICRA A1+ and IND A1+
  • Market Lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading only in dematerialized form
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE870H14WM5
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
  • Minimum tick size of 1 paise must be observed

Important Dates

  • Allotment Date: December 11, 2025
  • Listing Date: December 11, 2025
  • Redemption Date: March 12, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

This is a routine short-term debt listing with minimal market impact. The commercial paper provides Network 18 Media & Investments Limited with working capital financing for 91 days. The strong credit ratings (A1+) indicate low credit risk. The listing enhances liquidity options for institutional investors in short-term debt instruments. Trading is restricted to institutional participants given the high denomination of Rs. 5 lakhs per unit.

Impact Justification

Routine commercial paper listing for short-term funding with strong credit rating. Limited market-wide impact.