Description
New debt securities of Axis Finance Limited listed on BSE Debt segment with 8.04% interest rate and 10-year maturity.
Summary
Axis Finance Limited has listed new debt securities on BSE’s Debt segment effective August 11, 2025. The securities were issued on private placement basis with a face value of Rs. 1,00,000 each, carrying an interest rate of 8.04% per annum.
Key Points
- Quantity: 10,000 securities with market lot of 1
- Scrip Code: 977005, Scrip ID: 804AFL35
- ISIN: INE891K08224
- Credit Rating: CRISIL AAA/Stable, IND AAA/Stable
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 1,00,000 per security
- Interest Rate: 8.04% per annum (paid annually)
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard debt security listing procedures followed.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under the specified ISIN number
- Tick size of 1 paise must be maintained
Important Dates
- Date of Allotment: August 8, 2025
- Listing Date: August 11, 2025
- Interest Payment Dates: Annually from August 8, 2026 to August 8, 2035
- Redemption Date: August 8, 2035
Impact Assessment
Minimal market impact as this is a routine private placement debt security listing. The AAA credit rating indicates high credit quality. Trading members can access additional details through BSE’s debt memorandum section.
Impact Justification
Routine debt security listing with limited market impact