Description
BSE announces listing of two new debt securities by Hinduja Leyland Finance Limited with AA+ credit ratings and interest rates of 9.1% and 9.25%.
Summary
BSE has listed two new debt securities issued by Hinduja Leyland Finance Limited on a private placement basis, effective August 13, 2025. Both securities carry AA+ credit ratings and will trade in dematerialized form on the BSE Debt segment.
Key Points
- Two debt securities listed: HLFL-9.1%-11-4-31-PVT (₹75 crore) and HLFL-9.25%-3-10-30-PVT (₹50 crore)
- Both securities have face value and paid-up value of ₹1,00,000 each
- Credit ratings: CARE AA+ and CRISIL AA+/Stable for both securities
- Trading only in dematerialized form with tick size of 1 paise
- Market lot size of 1 unit for both securities
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under specified ISIN numbers
- Members can refer to Placement Memorandum for additional details
Important Dates
- Allotment Date: August 11, 2025
- Listing Date: August 13, 2025
- Interest Payment: Annually starting February 28, 2026 for 9.25% security and August 11, 2026 for 9.1% security
- Redemption Dates: April 11, 2031 (9.1% security) and October 3, 2030 (9.25% security)
Impact Assessment
Minimal market impact as this is a routine debt security listing. The securities provide institutional investors with AA+ rated investment options with competitive interest rates. No impact on equity markets or broader trading operations.
Impact Justification
Routine debt security listing with limited market impact