Description

BSE announces listing of new private placement debt securities by Navi Finserv Limited with 10.20% interest rate and August 2027 maturity.

Summary

BSE has listed new debt securities of Navi Finserv Limited issued on private placement basis. The securities carry 10.20% annual interest rate with monthly payment frequency and mature on August 5, 2027.

Key Points

  • Quantity: 30,000 securities with market lot of 1
  • Face Value: Rs. 10,000 per security
  • Issue Price: Rs. 10,000 per security
  • Interest Rate: 10.20% per annum
  • Interest Payment: Monthly
  • Credit Rating: IND A/Stable
  • ISIN: INE342T07627
  • Scrip Code: 976999

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will be traded only in dematerialized form
  • Tick size for securities is 1 paise
  • Trading members must refer to Placement Memorandum for additional details

Important Dates

  • Date of Allotment: August 5, 2025
  • Trading Commencement: August 7, 2025
  • Date of Redemption: August 5, 2027
  • Interest Payment: Monthly

Impact Assessment

Minimal market impact as this is a routine debt security listing. The securities provide institutional investors access to Navi Finserv’s debt instruments with attractive 10.20% yield. Trading members can contact BSE debt department for clarifications.

Impact Justification

Routine debt security listing with limited market impact