Description
BSE lists new commercial paper securities of Bajaj Financial Securities Limited totaling Rs. 350 crores across two tranches with different maturity dates.
Summary
BSE has listed new Commercial Paper securities of Bajaj Financial Securities Limited issued on private placement basis. Two tranches totaling Rs. 350 crores have been admitted for trading on the BSE Debt segment effective August 1, 2025.
Key Points
- First tranche: 2000 units of Rs. 5 lakh each (Rs. 100 crores) maturing October 27, 2025
- Second tranche: 5000 units of Rs. 5 lakh each (Rs. 250 crores) maturing August 14, 2025
- Both tranches carry CRISIL A1+ and IND A1+ credit ratings
- ICICI Bank Limited serves as Issuing and Paying Agent for both instruments
- Trading in dematerialized form only with tick size of 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Securities to be traded under specified ISIN numbers
Important Dates
- Listing Date: August 1, 2025
- Allotment Date: July 31, 2025
- First Tranche Redemption: October 27, 2025
- Second Tranche Redemption: August 14, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding avenue for Bajaj Financial Securities Limited with no effect on equity markets or broader trading operations.
Impact Justification
Routine debt instrument listing with no market-wide impact