Description
BSE announces listing of CHOICE FINSERV PRIVATE LIMITED debt securities worth Rs. 3,500 lakhs with 11% interest rate.
Summary
BSE has listed new debt securities of CHOICE FINSERV PRIVATE LIMITED issued on private placement basis. The securities are admitted to trading on BSE Debt segment effective August 13, 2025.
Key Points
- Quantity: 3,500 securities with face value Rs. 1,00,000 each
- Scrip Code: 977023, Scrip ID: 11CFPL27
- ISIN: INE04SE07137
- Interest Rate: 11% per annum paid monthly
- Credit Rating: ACUITE A-
- 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
- Refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: August 11, 2025
- Trading Effective: August 13, 2025
- Interest Payment: Monthly from September 11, 2025 to August 11, 2027
- Redemption Date: August 11, 2027
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors access to CHOICE FINSERV debt instruments with monthly interest payments over a 2-year tenure.
Impact Justification
Routine debt securities listing with limited market impact