Description

BSE announces listing of two new debt securities issued by Avanse Financial Services Limited on private placement basis.

Summary

BSE has listed two new debt securities issued by Avanse Financial Services Limited on private placement basis, effective from July 28, 2025. Both securities carry CRISIL AA-/Stable credit rating and will trade in dematerialized form only.

Key Points

  • Two debt securities listed: 9% p.a. (3-year) and 8.9% p.a. (2-year)
  • Face value: Rs. 1,00,000 each
  • Quantity: 7,500 units each
  • Market lot: 1 unit
  • Credit rating: CRISIL AA-/Stable
  • Trading in dematerialized form only
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under specified ISIN numbers
  • Reference to Placement Memorandum available on BSE website

Important Dates

  • Listing Date: July 28, 2025
  • Allotment Date: July 24, 2025
  • Interest Payment Dates:
    • 9% security: Annually from July 24, 2026 to July 24, 2028
    • 8.9% security: Annually from September 10, 2025 to September 10, 2027
  • Redemption Dates:
    • 9% security: July 24, 2028
    • 8.9% security: September 10, 2027

Impact Assessment

Minimal market impact as this is a routine corporate debt listing. The securities provide institutional investors with additional investment options in the debt segment with AA- credit rating.

Impact Justification

Routine listing of corporate debt securities with limited market impact