Description

Two new commercial paper securities of Axis Finance Limited listed on BSE Debt segment for trading in dematerialized form.

Summary

Axis Finance Limited has listed two new commercial paper securities on BSE Debt segment effective July 28, 2025. Both securities are issued on private placement basis with face value of Rs. 5 lakh each and carry CRISIL A1+ and IND A1+ credit ratings.

Key Points

  • Two commercial paper securities listed: AFL-17-10-25-CP and AFL-30-10-25-CP
  • Face value: Rs. 5,00,000 per security for both instruments
  • Quantity: 2,000 securities each
  • Credit Rating: CRISIL A1+ and IND A1+ for both
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited

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
  • Securities to be traded under specified ISIN numbers

Important Dates

  • Date of Allotment: July 25, 2025
  • Listing Date: July 28, 2025
  • Redemption Date (AFL-17-10-25-CP): October 17, 2025
  • Redemption Date (AFL-30-10-25-CP): October 30, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instruments for institutional investors. No impact on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with no material market impact