Description

BSE lists new commercial paper of Axis Finance Limited worth Rs. 10 crores with redemption date 30/10/2025

Summary

BSE has listed new commercial paper of Axis Finance Limited on its debt segment. The securities are issued on private placement basis worth Rs. 5,00,000 each, with 200 units totaling Rs. 10 crores.

Key Points

  • Commercial paper of Rs. 5,00,000 per unit (200 units total)
  • ISIN: INE891K14PE6 (further listing under same ISIN)
  • Scrip Code: 729911
  • Issue Price: Rs. 4,92,861 per unit
  • Credit Rating: CRISIL A1+, IND A1+
  • Issuing and Paying Agent: Axis Bank Limited

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size is 1 paise

Important Dates

  • Date of Allotment: August 6, 2025
  • Date of Redemption: October 30, 2025
  • Effective Trading Date: August 7, 2025

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. The commercial paper provides short-term funding option for Axis Finance Limited with approximately 2.5 month tenure.

Impact Justification

Routine commercial paper listing with no market-wide implications