Description
BSE announces listing of new debt securities worth Rs. 25 crore by Asirvad Microfinance Limited on private placement basis.
Summary
BSE announces the listing of new debt securities issued by Asirvad Microfinance Limited on private placement basis, effective from August 13, 2025. The securities carry a face value of Rs. 1 lakh each with 8.70% annual interest rate.
Key Points
- Securities quantity: 2,500 units with market lot of 1
- Scrip Code: 977018, Scrip ID: 870AML28
- ISIN Number: INE516Q08448
- Credit Rating: CRISIL AA-/Stable
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 1,00,000 per security
- Interest Rate: 8.70% per annum paid quarterly
- Maturity Date: August 12, 2028
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Securities will be traded only in dematerialised form under the specified ISIN
- Tick size for the securities is 1 paise
- Trading members can refer to Placement Memorandum on BSE debt section for further details
Important Dates
- Date of Allotment: August 12, 2025
- Trading Effective Date: August 13, 2025
- Maturity Date: August 12, 2028
- Interest Payment: Quarterly basis
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities are targeted for institutional investors and will have limited retail participation due to high denomination of Rs. 1 lakh per unit.
Impact Justification
Routine debt security listing announcement with limited market impact