Description
BSE announces listing of two new commercial paper issues by Bajaj Financial Securities Limited with face value of Rs. 5 lakh each.
Summary
BSE has listed two new commercial paper issues by Bajaj Financial Securities Limited on private placement basis, both with face value of Rs. 5 lakh each and ICICI Bank Limited as issuing and paying agent.
Key Points
- Two commercial paper issues listed on BSE Debt segment effective August 1, 2025
- First issue: 2000 units, scrip code 729886, redemption date October 27, 2025
- Second issue: 5000 units, scrip code 729390, redemption date August 14, 2025
- Both issues have CRISIL A1+ and IND A1+ credit ratings
- Allotment date for both issues: July 31, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities to be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
- Market lot size of 1 unit for both issues
Important Dates
- Listing effective date: August 1, 2025
- Allotment date: July 31, 2025
- First issue redemption: October 27, 2025
- Second issue redemption: August 14, 2025
Impact Assessment
Minimal market impact as this is a routine listing of commercial paper instruments. Provides additional short-term debt investment options for institutional investors in the BSE Debt segment.
Impact Justification
Routine commercial paper listing with no broader market impact