Description
BSE announces listing of new debt securities worth Rs. 7740 lakhs by Electronica Finance Limited on private placement basis.
Summary
BSE has listed new debt securities of Electronica Finance Limited (EFL) on private placement basis with effect from August 8, 2025. The securities carry a 10% per annum interest rate and mature on August 7, 2031.
Key Points
- Quantity: 7,740 units with market lot of 1
- Face Value: Rs. 1,00,000 per unit
- Interest Rate: 10% per annum (half-yearly payments)
- Credit Rating: IND A/Stable
- ISIN: INE612U07142
- Scrip Code: 977002
- Trading only in dematerialized form
- Tick size: 1 paise
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
- Reference to Placement Memorandum available on BSE website for detailed terms
Important Dates
- Date of Allotment: August 7, 2025
- First Interest Payment: February 9, 2026
- Interest Payment Frequency: Half-yearly from February 9, 2026 to August 7, 2031
- Maturity Date: August 7, 2031
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors with a fixed income option at 10% annual yield with IND A/Stable rating.
Impact Justification
Routine debt security listing with limited market impact