Description

BSE lists Commercial Paper worth Rs. 100 crore issued by Balkrishna Industries Ltd. on private placement basis, maturing on March 13, 2026.

Summary

BSE has listed new Commercial Paper issued by Balkrishna Industries Ltd. (BIL) on private placement basis effective December 18, 2025. The instrument consists of 2,000 units with a face value of Rs. 5,00,000 each (total Rs. 100 crore), issued at a discount of Rs. 492,940 per unit. The Commercial Paper carries a CRISIL A1+ rating and will mature on March 13, 2026 (85-day tenure). ICICI Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Quantity: 2,000 units of Rs. 5,00,000 each (Total: Rs. 100 crore)
  • Scrip Code: 730801
  • Scrip ID: BIL181225
  • ISIN: INE787D14227
  • Credit Rating: CRISIL A1+
  • Issue Price: Rs. 492,940 per unit (discount to face value)
  • Allotment Date: December 18, 2025
  • Redemption Date: March 13, 2026
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading Members must trade these securities only in dematerialized form under ISIN INE787D14227
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only
  • Trading Members requiring clarifications may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: December 18, 2025
  • Allotment Date: December 18, 2025
  • Redemption Date: March 13, 2026

Impact Assessment

Market Impact: Minimal. This is a routine debt instrument listing on the BSE Debt segment with limited market-wide implications.

Operational Impact: Low. Only affects trading members dealing in debt securities and specifically those interested in short-term commercial paper of Balkrishna Industries Ltd. The instrument provides a short-term (85-day) investment opportunity with high credit quality (A1+ rating).

Investor Impact: Relevant only for institutional investors and high-net-worth individuals participating in the debt market, given the minimum trading denomination of Rs. 5 lakhs.

Impact Justification

Routine commercial paper listing with no market-wide implications; affects only debt segment participants trading in BIL instruments