Description

BSE has listed 3,500 commercial papers of Network 18 Media & Investments Limited worth Rs. 5 lakh each, issued on private placement basis, with maturity date of March 13, 2026.

Summary

BSE has listed new commercial papers issued by Network 18 Media & Investments Limited on December 12, 2025. The company has issued 3,500 commercial papers of Rs. 5,00,000 face value each on a private placement basis. The securities carry credit ratings of ICRA A1+ and IND A1+, with ICICI Bank Ltd acting as the Issuing and Paying Agent. Trading commenced on December 12, 2025 in the BSE Debt segment.

Key Points

  • Instrument Type: Commercial Paper issued on private placement basis
  • Quantity: 3,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,643 per unit
  • Total Issue Size: Rs. 175 crore (3,500 × Rs. 5 lakh)
  • Scrip Code: 730754
  • Scrip ID: NMIL12125
  • ISIN: INE870H14WL7
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE870H14WL7
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded with tick size of 1 paise
  • Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 12, 2025
  • Listing Date: December 12, 2025
  • Redemption Date: March 13, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Low. This is a routine commercial paper issuance by Network 18 Media & Investments Limited for short-term funding requirements. The 91-day tenure indicates working capital financing.

Investor Impact: Limited to institutional investors and high net-worth individuals participating in the private placement. The A1+ rating from both ICRA and India Ratings indicates highest safety for short-term instruments.

Liquidity: The securities will trade in the BSE Debt segment with minimum lot size of Rs. 5 lakhs, restricting participation to institutional and large investors. The discount to face value (Rs. 4,92,643 vs Rs. 5,00,000) implies an annualized yield of approximately 6% on a 91-day paper.

Impact Justification

Routine commercial paper listing with 91-day tenure. Limited market impact as it's a standard short-term debt instrument on private placement basis.