Description

BSE announces the listing of 4000 Commercial Papers of Rs. 5,00,000 each issued by Redington Limited on private placement basis, effective December 19, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Redington Limited on private placement basis. The listing is effective from December 19, 2025, on the BSE Debt segment. The issue consists of 4000 Commercial Papers with a face value of Rs. 5,00,000 each, totaling Rs. 200 crores.

Key Points

  • Issuer: Redington Limited
  • Security Type: Commercial Paper (private placement)
  • Quantity: 4000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,543 per unit
  • Scrip Code: 730818
  • Scrip ID: RL191225
  • ISIN: INE891D14B11
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE891D14B11
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • All standard BSE debt segment trading rules and procedures apply

Important Dates

  • Allotment Date: December 19, 2025
  • Listing Date: December 19, 2025
  • Redemption Date: March 19, 2026
  • Tenure: 90 days

Impact Assessment

Market Impact: Low - This is a routine commercial paper listing on the debt segment. The instruments provide short-term funding for Redington Limited and investment options for institutional investors.

Operational Impact: Minimal - Trading members dealing in debt securities can now trade these instruments following standard debt segment procedures. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness.

Investor Impact: Limited to institutional investors and high net-worth individuals given the minimum trading denomination of Rs. 5 lakhs. The 90-day maturity provides a short-term investment avenue with implied yield based on the discount from face value.

Impact Justification

Routine commercial paper listing notice affecting only debt segment participants and investors in Redington's short-term debt instruments