Description
New debt securities of CHOICE FINSERV PRIVATE LIMITED listed on BSE Debt segment with 11% interest rate.
Summary
Choice Finserv Private Limited has listed new debt securities worth ₹35 crore on BSE Debt segment effective August 13, 2025. The securities carry an 11% interest rate with monthly interest payments and mature on August 11, 2027.
Key Points
- Quantity: 3,500 securities
- Face Value: ₹1,00,000 per security
- Interest Rate: 11% per annum
- Credit Rating: ACUITE A-
- Scrip Code: 977023
- ISIN: INE04SE07137
- Issue basis: Private placement
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 terms
Important Dates
- Date of Allotment: August 11, 2025
- Interest Payment: Monthly from September 11, 2025 to August 11, 2027
- Maturity Date: August 11, 2027
- Trading Commencement: August 13, 2025
Impact Assessment
Minimal market impact as this is a routine debt securities listing for a private company. The listing adds to the available debt instruments on BSE but does not affect broader market operations or regulatory framework.
Impact Justification
Routine debt securities listing with no broader market impact