Description
BSE lists two new Commercial Paper securities of Navi Finserv Limited worth Rs. 5 lakh each with different maturity dates.
Summary
BSE has listed two new Commercial Paper securities of Navi Finserv Limited on its debt segment effective July 28, 2025. Both securities are issued on private placement basis with face value of Rs. 5 lakh each, with different maturity periods of 3 months and 4 months respectively.
Key Points
- Two Commercial Paper securities listed with quantities of 300 and 200 units respectively
- Both securities have face value of Rs. 5,00,000 each
- Credit rating: CARE A1+, IND A1+ for both securities
- HDFC Bank Limited acts as Issuing and Paying Agent
- Trading only in dematerialized form with standard denomination of Rs. 5 lakhs
- Tick size set at 1 paise
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedures followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities to be traded under specified ISIN numbers (INE342T14DT5 and INE342T14DS7)
Important Dates
- Date of Allotment: July 25, 2025
- Listing Date: July 28, 2025
- Redemption Dates: October 24, 2025 and November 24, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The securities provide short-term funding options for Navi Finserv Limited and investment opportunities for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact