Description
BSE lists new debt securities of Choice Finserv Private Limited with 11% interest rate and August 2027 maturity.
Summary
BSE has listed new debt securities of CHOICE FINSERV PRIVATE LIMITED issued on private placement basis, effective August 13, 2025. The securities carry an 11% annual interest rate with monthly interest payments and mature on August 11, 2027.
Key Points
- Quantity: 3,500 securities with market lot of 1
- Face Value: Rs. 1,00,000 per security
- Interest Rate: 11% per annum paid monthly
- Credit Rating: ACUITE A-
- ISIN: INE04SE07137
- Scrip Code: 977023
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members should refer to Placement Memorandum for detailed information
- Contact debt department for clarifications
Important Dates
- Date of Allotment: August 11, 2025
- Interest Payment Dates: Monthly from September 11, 2025 to August 11, 2027
- Redemption Date: August 11, 2027
- Trading Effective: August 13, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The listing provides additional investment options for debt market participants but does not affect broader market operations or equity trading.
Impact Justification
Routine debt security listing with limited market impact