Description

BSE announces listing of new debt securities issued by Electronica Finance Limited on private placement basis with 10% interest rate.

Summary

BSE has listed new debt securities of Electronica Finance Limited issued on private placement basis, effective from August 8, 2025. The securities carry a 10% annual interest rate and will mature on August 7, 2031.

Key Points

  • Quantity: 7,740 securities with market lot of 1
  • Scrip Code: 977002, ISIN: INE612U07142
  • Face Value and Issue Price: Rs. 1,00,000 each
  • Credit Rating: IND A/Stable
  • Interest Rate: 10% per annum (half-yearly payments)
  • Allotment Date: August 7, 2025
  • Maturity Date: August 7, 2031

Regulatory Changes

No regulatory changes. Standard debt security listing procedure.

Compliance Requirements

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

Important Dates

  • Listing Date: August 8, 2025
  • First Interest Payment: February 9, 2026
  • Interest Payment Period: Half-yearly from February 9, 2026 to August 7, 2031
  • Redemption Date: August 7, 2031

Impact Assessment

Minimal market impact as this is a routine private placement debt security listing. The securities are investment grade rated and provide fixed income opportunity for institutional investors.

Impact Justification

Routine debt security listing with minimal market impact