Description

BSE lists commercial papers from six companies including Reliance Jio, Aarti Industries, J.K. Cement, Bajaj Financial Securities, Muthoottu Mini Financiers, and Time Technoplast on the debt market segment.

Summary

BSE has listed commercial papers issued on a private placement basis by six companies on its debt market segment effective December 30, 2025. The securities include papers from Reliance Jio Infocomm Limited (22,000 units), Aarti Industries Ltd (3,000 units), J.K. Cement Ltd (1,500 units), Bajaj Financial Securities Limited, Muthoottu Mini Financiers Limited (400 units), and Time Technoplast Limited (200 units). All securities will be traded in dematerialized form only.

Key Points

  • All commercial papers will trade only in dematerialized form under specified ISIN numbers
  • Trading denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • Face value for all papers: Rs. 500,000 per unit
  • Interest rates range from 6.08% p.a. (J.K. Cement) to 9.25% p.a. (Muthoottu Mini Financiers)
  • All papers carry A1+ credit ratings from agencies like CARE, CRISIL, ICRA, and IND
  • Maturity periods range from 49 days to 182 days
  • Contact: BSE Debt Department at 22728352/8597/8995/5753/8915 for clarifications

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Adherence to standard denomination of Rs. 5 Lakhs and multiples
  • Compliance with 1 paise tick size for all listed commercial papers

Important Dates

  • Effective Date: December 30, 2025
  • Allotment Dates: December 29-30, 2025
  • Redemption Dates:
    • Reliance Jio: March 13, 2026 (6.19% p.a.)
    • J.K. Cement: February 17, 2026 (6.08% p.a.)
    • Aarti Industries: March 30, 2026 (6.70% p.a.)
    • Muthoottu Mini Financiers: June 29, 2026 (9.25% p.a.)
    • Time Technoplast: June 30, 2026 (7.60% p.a.)

Impact Assessment

Market Impact: Minimal. This is a routine administrative listing of debt securities on the BSE debt segment with no impact on equity markets.

Investor Impact: Low. Relevant only to institutional investors and high-net-worth individuals participating in the debt market segment for short-term commercial paper investments.

Trading Impact: No impact on equity trading. These instruments trade separately on the debt segment with specific participants and settlement mechanisms.

Detailed Security Information

Reliance Jio Infocomm Limited

  • Scrip Code: 730875 | ISIN: INE110L14UL4
  • Quantity: 22,000 units | Issue Price: Rs. 493,803
  • Rate: 6.19% p.a. | Maturity: March 13, 2026
  • Rating: CARE A1+, CRISIL A1+ | Paying Agent: Axis Bank

Aarti Industries Ltd

  • Scrip Code: 730877 | ISIN: INE769A14AC1
  • Quantity: 3,000 units | Issue Price: Rs. 491,874
  • Rate: 6.70% p.a. | Maturity: March 30, 2026
  • Rating: CRISIL A1+, IND A1+ | Paying Agent: IndusInd Bank

J.K. Cement Ltd

  • Scrip Code: 730876 | ISIN: INE823G14BE7
  • Quantity: 1,500 units | Issue Price: Rs. 495,952
  • Rate: 6.08% p.a. | Maturity: February 17, 2026
  • Rating: CARE A1+ | Paying Agent: IDBI Bank

Muthoottu Mini Financiers Limited

  • Scrip Code: 730873 | ISIN: INE101Q14306
  • Quantity: 400 units | Issue Price: Rs. 477,955
  • Rate: 9.25% p.a. | Maturity: June 29, 2026
  • Rating: CARE A1+ | Paying Agent: HDFC Bank

Time Technoplast Limited

  • Scrip Code: 730874 | ISIN: INE508G14IG4
  • Quantity: 200 units | Issue Price: Rs. 481,744
  • Rate: 7.60% p.a. | Maturity: June 30, 2026
  • Rating: CRISIL A1+, ICRA A1+ | Paying Agent: IDBI Bank

Impact Justification

Routine listing of commercial papers on debt segment with no impact on equity trading or broader market operations