Description
New debt securities of Electronica Finance Limited listed on BSE Debt segment with 10% interest rate and 2031 maturity.
Summary
Electronica Finance Limited has listed new debt securities worth ₹77.4 crore on BSE’s debt segment through private placement. The securities carry a 10% interest rate with half-yearly payments and mature in August 2031.
Key Points
- Quantity: 7,740 securities
- Face Value: ₹1,00,000 per security
- Issue Price: ₹1,00,000 per security
- Interest Rate: 10% per annum
- Credit Rating: IND A/Stable
- ISIN: INE612U07142
- Scrip Code: 977002
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members must refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: August 7, 2025
- Trading Start Date: August 8, 2025
- First Interest Payment: February 9, 2026
- Maturity Date: August 7, 2031
- Interest Payment Frequency: Half-yearly (February 9 to August 7)
Impact Assessment
Minimal market impact as this is a routine debt listing for corporate funding needs. The securities provide institutional investors access to Electronica Finance Limited’s debt instruments with attractive 10% yield.
Impact Justification
Routine debt security listing with standard terms