Description

BSE announces listing of two new debt securities by Piramal Finance Limited with 9% and 9.1% interest rates, maturing in 2027 and 2030 respectively.

Summary

BSE has listed two new debt securities of Piramal Finance Limited on private placement basis effective July 29, 2025. The securities include 70,000 units of 9% bonds maturing in 2027 and 11,000 units of 9.1% bonds maturing in 2030, both with face value of Rs. 1,00,000.

Key Points

  • Two new debt securities listed on BSE Debt segment
  • Securities issued on private placement basis
  • Both securities rated CARE AA/Stable and ICRA AA/Stable
  • Face value of Rs. 1,00,000 per unit for both securities
  • Trading only in dematerialized form
  • Tick size of 1 paise

Security Details

PFL-9%-28-6-27-PVT (Scrip Code: 976955)

  • Quantity: 70,000 units
  • Interest Rate: 9% p.a.
  • Maturity Date: June 28, 2027
  • ISIN: INE202B07JT0

PFL-9.10%-28-6-30-PVT (Scrip Code: 976956)

  • Quantity: 11,000 units
  • Interest Rate: 9.1% p.a.
  • Maturity Date: June 30, 2030
  • ISIN: INE202B07JU8

Important Dates

  • Date of Allotment: July 28, 2025
  • Listing Date: July 29, 2025
  • Interest Payment: Annually from July 28, 2026

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Use specified ISIN numbers for trading
  • Refer to Placement Memorandum for additional details

Impact Assessment

Routine debt securities listing with minimal market impact. Provides additional debt instruments for institutional investors seeking AA-rated corporate bonds with competitive interest rates.

Impact Justification

Routine debt securities listing with no immediate market impact