Description

NSE notifies listing of commercial papers from multiple companies including Godrej Consumer Products, Piramal Finance, and others effective August 18, 2025.

Summary

NSE has notified the listing of privately placed securities on its debt market segment effective August 18, 2025. The circular covers commercial papers issued by 10 companies with varying tenures and face values.

Key Points

  • 10 commercial papers from different companies admitted to debt market dealings
  • All securities have face value of ₹5,00,000 each
  • Allotment date for all securities: August 14, 2025
  • Redemption dates range from August 29, 2025 to November 13, 2025
  • Total quantity ranges from 1,300 to 21,000 securities per issue

Listed Securities Details

  • Godrej Consumer Products Limited: GCPL CP 13/11/25 Sr 12 (6,000 securities)
  • Piramal Finance Limited: Two issues - PFL CP 12/11/25 (4,000) and PFL CP 13/11/25 (6,000)
  • Godrej Industries Limited: GIL CP 13/11/25 Sr 70 (1,500 securities)
  • Godrej Properties Limited: GPL CP 13/11/25 Sr 55 (1,500 securities)
  • Nuvoco Vistas Corporation Limited: NVCL CP 29/08/25 (3,000 securities)
  • Mahindra & Mahindra Financial Services: MMFSL CP 13/11/25 Sr 861 (21,000 securities)
  • ICICI Securities Limited: ISEC CP 13/11/25 (1,300 securities)
  • Tata Projects Limited: TPL CP 12/11/25 Sr 191 (4,000 securities)
  • UltraTech Cement Limited: UCL CP 12/11/25 Sr 8 (8,000 securities)

Regulatory Framework

  • Listing under Regulation 3.1.1 of NSE Debt Market Trading Regulations
  • Each security assigned specific ISIN codes for identification
  • Securities available for trading on NSE debt market segment

Important Dates

  • Effective Date: August 18, 2025
  • Allotment Date: August 14, 2025 (all securities)
  • Earliest Redemption: August 29, 2025 (NVCL)
  • Latest Redemption: November 13, 2025 (multiple securities)

Impact Assessment

Routine debt market expansion with addition of commercial papers from established corporates. Provides additional short-term debt investment options for institutional investors. No significant operational changes to existing market structure.

Impact Justification

Routine listing notification for commercial papers with standard impact on debt market operations