Description
BSE announces listing of three new debt securities issued by Belstar Microfinance Limited on private placement basis with interest rates ranging from 9.10% to 9.20% p.a.
Summary
BSE has listed three new debt securities issued by Belstar Microfinance Limited on private placement basis. The securities have face values of Rs. 1,00,000 each with quarterly interest payments and maturity periods of 2027-2028. All securities carry CRISIL AA/Stable ratings.
Key Points
- Three debt securities listed with total quantity of 22,500 units
- Interest rates: 9.10%, 9.10%, and 9.20% per annum
- Face value: Rs. 1,00,000 per security
- Credit rating: CRISIL AA/Stable for all securities
- Trading in dematerialized form only
- Tick size: 1 paise
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
- Refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: August 12, 2025
- First Interest Payment: November 12, 2025
- Redemption Dates: August 12, 2027 (two securities) and August 12, 2028 (one security)
- Effective Trading Date: August 13, 2025
Impact Assessment
Minimal market impact as this is a routine debt security listing. The securities provide additional investment options for institutional investors in the microfinance sector with stable credit ratings.
Impact Justification
Routine debt security listing with no significant market impact