Description

BSE lists two series of commercial paper issued by Navi Finserv Limited on private placement basis with face value of Rs. 5 lakh each.

Summary

BSE has listed two new series of Commercial Paper issued by Navi Finserv Limited on private placement basis. The instruments are listed on BSE Debt segment with effect from July 30, 2025.

Key Points

  • Series 1: 240 units with redemption on January 27, 2026 (Scrip Code: 729937, ISIN: INE342T14DV1)
  • Series 2: 500 units with redemption on October 29, 2025 (Scrip Code: 729938, ISIN: INE342T14DW9)
  • Both series have face value of Rs. 5,00,000 each
  • Credit rating: CARE A1+, IND A1+
  • HDFC Bank Limited acts as Issuing and Paying Agent
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded under specified ISIN numbers

Important Dates

  • Listing Date: July 30, 2025
  • Allotment Date: July 29, 2025 (both series)
  • Redemption Dates:
    • Series 1: January 27, 2026
    • Series 2: October 29, 2025

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding options for Navi Finserv Limited and investment opportunities for institutional investors in the debt segment.

Impact Justification

Routine debt instrument listing with no broader market implications