Description
BSE announces listing of 1500 Commercial Papers of Rs.5 lakh each issued by Mahindra Lifespace Developers Ltd on private placement basis, with IND A1+ rating.
Summary
BSE has listed new Commercial Paper issued by Mahindra Lifespace Developers Ltd on private placement basis. The securities are admitted to dealings on the BSE Debt segment effective December 15, 2025. The instrument consists of 1500 Commercial Papers with face value of Rs.5 lakh each, rated IND A1+ by credit rating agencies.
Key Points
- Quantity: 1500 Commercial Papers of Rs.5,00,000 each
- Scrip Code: 730774
- Scrip ID: MLDL121225
- ISIN: INE813A14409
- Credit Rating: IND A1+
- Issue Price: Rs.4,92,123 per unit
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: YES Bank Ltd
- Trading: Only in dematerialized form in standard denomination of Rs.5 lakhs and multiples
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for debt securities.
Compliance Requirements
- Trading members must ensure trading occurs only in dematerialized form under ISIN INE813A14409
- Trading must be conducted in standard denomination of Rs.5 lakhs and multiples thereof
- Tick size of 1 paise must be maintained for these securities
Important Dates
- Listing Date: December 15, 2025
- Allotment Date: December 12, 2025
- Redemption Date: March 13, 2026
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing with 91-day maturity. The Commercial Paper provides short-term financing options for Mahindra Lifespace Developers and investment opportunities for debt market participants.
Operational Impact: Limited to debt segment trading members. No impact on equity markets or broader trading operations. Trading members dealing in debt instruments need to update their systems with the new scrip details.
Impact Justification
Routine debt instrument listing with no impact on equity trading or regulatory changes; affects only debt segment participants