Description

BSE announces listing of 4,000 commercial papers of Redington Limited worth Rs. 5 lakhs each, issued on private placement basis, effective December 19, 2025.

Summary

BSE has listed new commercial papers issued by Redington Limited on private placement basis in the BSE Debt segment effective December 19, 2025. The issuance consists of 4,000 commercial papers with a face value of Rs. 5,00,000 each, maturing on March 19, 2026. The securities carry CRISIL A1+ and ICRA A1+ credit ratings and will be traded exclusively in dematerialized form.

Key Points

  • Issuer: Redington Limited
  • Security Type: Commercial Paper issued on private placement basis
  • Quantity: 4,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,543 per unit
  • Total Issue Size: Rs. 200 crores (4,000 × Rs. 5 lakhs)
  • 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
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes. 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 shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on the BSE Debt segment only

Important Dates

  • Allotment Date: December 19, 2025
  • Listing Date: December 19, 2025
  • Redemption Date: March 19, 2026
  • Tenure: 90 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides Redington Limited with short-term financing of Rs. 200 crores for a 3-month period at favorable rates (implied discount rate of approximately 6% annualized). The strong credit ratings (A1+ from both CRISIL and ICRA) indicate low credit risk. This circular is informational for debt market participants and has no impact on equity markets or general trading operations.

Impact Justification

Routine commercial paper listing announcement for debt market participants with no impact on equity trading or broader market operations