Description
BSE announces listing of new debt securities worth ₹190 crore by IndiGrid Infrastructure Trust on private placement basis with 7.345% interest rate.
Summary
BSE has listed new debt securities of IndiGrid Infrastructure Trust (IGIT) worth ₹190 crore on private placement basis effective July 31, 2025. The securities carry a 7.345% interest rate with quarterly interest payments and mature on July 31, 2047.
Key Points
- Quantity: 190,000 securities with face value of ₹1,00,000 each
- Scrip Code: 976972, ISIN: INE219X07553
- Interest Rate: 7.345% per annum paid quarterly
- Credit Rating: CRISIL AAA/Stable and ICRA AAA/Stable
- Trading only in dematerialized form with tick size of 1 paise
- Both call and put options available as per disclosure document
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities to be traded under specified ISIN number INE219X07553
- Refer to Placement Memorandum available on BSE website for detailed terms
Important Dates
- Allotment Date: July 31, 2025
- First Interest Payment: September 30, 2025
- Maturity Date: July 31, 2047
- Interest Payment Frequency: Quarterly from September 30, 2025 to July 31, 2047
Impact Assessment
Minimal market impact as this is a routine debt securities listing. The securities provide institutional investors with a high-rated investment option with attractive yield and long tenure. The AAA rating from both CRISIL and ICRA indicates strong credit quality.
Impact Justification
Routine debt securities listing with no broad market impact