Description
BSE lists six new commercial papers issued on private placement basis by KEC International, Birla Group Holdings, 360 ONE WAM, Can Fin Homes, Network 18 Media, and IGH Holdings on the debt market segment, effective March 5, 2026.
Summary
BSE Notice No. 20260305-34 informs trading members that six new commercial papers issued on a private placement basis have been listed and admitted to trading on the BSE Debt Segment effective March 5, 2026. The issuers are KEC International Ltd., Birla Group Holdings Private Limited, 360 ONE WAM Limited, Can Fin Homes Ltd., Network 18 Media & Investments Limited, and IGH Holdings Private Limited.
Key Points
- All securities are traded exclusively in dematerialised form under their respective ISINs
- Standard denomination is Rs. 5 Lakhs and multiples thereof
- Tick size for all securities is 1 paise
- All commercial papers have a face value and paid-up value of Rs. 5,00,000 each
- Redemption dates are in June 2026 (short-term instruments, ~3 months tenure)
- Interest is cumulative for all issuances
Regulatory Changes
No new regulatory changes. This is a standard listing notification under existing BSE debt market listing framework for privately placed commercial papers.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form
- Trading must occur in standard denomination of Rs. 5 Lakhs and multiples thereof
- Members requiring clarification may contact BSE Debt Department at: 22728352 / 8597 / 8995 / 5753 / 8915
Important Dates
| Company | Scrip Code | ISIN | Allotment Date | Redemption Date | Issue Price (Rs.) | Interest Rate |
|---|---|---|---|---|---|---|
| KEC International Ltd. | 731245 | INE389H14MB0 | 05/03/2026 | 03/06/2026 | 4,91,552.00 | 6.97% p.a. |
| Birla Group Holdings Pvt. Ltd. | 731246 | INE09OL14IU2 | 05/03/2026 | 04/06/2026 | 4,90,582.00 | 7.70% p.a. |
| 360 ONE WAM Limited | 731244 | INE466L14FZ1 | 04/03/2026 | 03/06/2026 | 4,90,234.50 | 7.99% p.a. |
| Can Fin Homes Ltd. | 731247 | INE477A14ED1 | 04/03/2026 | 03/06/2026 | 4,91,303.50 | 7.10% p.a. |
| Network 18 Media & Investments Ltd. | 731248 | INE870H14WT0 | 05/03/2026 | 04/06/2026 | 4,91,303.50 | 7.10% p.a. |
| IGH Holdings Private Limited | — | — | — | — | — | — |
- Effective date of trading: March 5, 2026
- All redemptions due: June 3–4, 2026
Impact Assessment
This is a routine operational listing notification with low market-wide impact. The commercial papers are short-term debt instruments (approximately 90-day tenure) maturing in early June 2026. The issuers include well-known entities such as KEC International, 360 ONE WAM, Can Fin Homes, and Network 18, along with private entities Birla Group Holdings and IGH Holdings. Interest rates range from 6.97% to 7.99% p.a., reflecting prevailing short-term money market rates. The total notional value across disclosed issuances is significant (e.g., Network 18 alone: 6,000 units × Rs. 5 lakh = Rs. 300 crore). Institutional and debt segment traders should update their systems with the new scrip codes and ISINs. No equity market impact is expected.
Impact Justification
Routine debt market listing of commercial papers for multiple companies; relevant primarily to debt segment traders and institutional investors dealing in short-term instruments maturing in June 2026.