Description
BSE announces listing of three series of debt securities by Vastu Finserve India Private Limited on private placement basis with 9.25% interest rate.
Summary
BSE has listed three new debt securities issued by Vastu Finserve India Private Limited on private placement basis, effective July 29, 2025. All three series carry 9.25% interest rate with quarterly payment and different maturity dates ranging from 2027 to 2028.
Key Points
- Three debt securities listed with face value of Rs. 1,00,000 each
- All securities carry 9.25% per annum interest rate
- Quarterly interest payment schedule starting October 28, 2025
- ICRA AA-/Stable credit rating for all securities
- Securities available only in dematerialized form
- Tick size is 1 paise for trading
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under specified ISIN numbers
- Trading members can contact debt department for clarifications
Important Dates
- Listing Date: July 29, 2025
- Allotment Date: July 28, 2025
- First Interest Payment: October 28, 2025
- Redemption Dates:
- VFIPL-9.25%-28-7-27-PVT: July 28, 2027
- VFIPL-9.25%-28-7-28-PVT: July 28, 2028
- VFIPL-9.25%-28-1-28-PVT: January 28, 2028
Impact Assessment
Minimal market impact as this is a routine debt security listing. The securities provide institutional investors with additional debt investment options with competitive interest rates. No impact on equity markets or broader trading operations expected.
Impact Justification
Routine debt security listing with no broader market impact