BSE has listed and admitted to trading on its Debt Segment four new commercial papers issued on a private placement basis, effective May 6, 2026. The issuers are Network 18 Media & Investments Limited, Bajaj Housing Finance Limited, Nuvama Wealth and Investment Limited, and National Bank for Financing Infrastructure and Development (NaBFID). All securities are available for trading exclusively in dematerialised form.

Key Points

• Four commercial papers freshly listed on BSE Debt Segment effective May 6, 2026
• All securities trade in standard denomination of Rs. 5 Lakhs and multiples thereof
• Tick size for all securities is 1 paise
• Trading is permitted only in dematerialised form
• All issuers carry top-tier short-term credit ratings (A1+ from CARE, CRISIL, or IND)
• Redemption dates fall in early August 2026 (approximately 90-day tenor)

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under existing BSE debt market framework for privately placed securities.

Compliance Requirements

• Trading members must ensure transactions are executed only in dematerialised form under the respective ISIN numbers
• Trades must conform to the standard lot size of Rs. 5 Lakhs and multiples thereof
• Tick size of 1 paise must be observed for all listed securities
• For clarifications, trading members may contact BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915

Important Dates

Impact Assessment

Network 18 Media & Investments Limited (ISIN: INE870H14WZ7)

• Scrip Code: 731588 | Scrip ID: N18MIL6526
• Quantity: 3,000 units | Issue Price: Rs. 491,797 | Face Value: Rs. 500,000
• Rate: 6.69% p.a. | Rating: CARE A1+, IND A1+ | IPA: ICICI Bank Ltd

Bajaj Housing Finance Limited (ISIN: INE377Y14CF2)

• Scrip Code: 731589 | Scrip ID: BHFL50526
• Quantity: 20,000 units | Issue Price: Rs. 491,906 | Face Value: Rs. 500,000
• Rate: 6.60% p.a. | Rating: CRISIL A1+, IND A1+ | IPA: Central Bank of India

Nuvama Wealth and Investment Limited (ISIN: INE523L14BH6)

• Scrip Code: 731590 | Scrip ID: NWIL50526
• Quantity: 500 units | Issue Price: Rs. 490,762 | Face Value: Rs. 500,000
• Rate: 7.55% p.a. | Rating: CARE A1+, CRISIL A1+ | IPA: ICICI Bank Ltd

National Bank for Financing Infrastructure and Development (ISIN: INE0KUG14025)

• Scrip Code: 731591 | Scrip ID: NBFFI05526
• Quantity: 6,000 units | Issue Price: Rs. 491,966 | Face Value: Rs. 500,000
• Rate: 6.55% p.a. | Rating: IND A1+ | IPA: Not disclosed in available content

The listing provides short-term liquidity instruments across financial services (Bajaj Housing Finance, Nuvama Wealth), media (Network 18), and infrastructure finance (NaBFID) sectors. The 90-day tenor and A1+ ratings indicate low credit risk; the 7.55% rate on Nuvama paper is notably higher than peers, reflecting relative issuer risk perception within the A1+ band.