Description

BSE lists new debt securities of Neogen Chemicals Limited worth Rs. 20 crore on private placement basis with 10.50% interest rate.

Summary

BSE has listed new debt securities of Neogen Chemicals Limited issued on private placement basis. The securities have a face value of Rs. 1,00,000 each with a total quantity of 20,000 units (Rs. 200 crore), carrying 10.50% annual interest rate and maturing on February 12, 2028.

Key Points

  • Scrip Code: 977028, ISIN: INE136S07013
  • Face Value: Rs. 1,00,000 per security
  • Total Issue Size: 20,000 securities (Rs. 200 crore)
  • Interest Rate: 10.50% per annum paid monthly
  • Credit Rating: CRISIL A-
  • Put/Call options available from July 31, 2027
  • Trading only in dematerialized form with tick size of 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading members should refer to Placement Memorandum for detailed terms
  • Contact debt department for clarifications

Important Dates

  • Allotment Date: August 12, 2025
  • Trading Commencement: August 14, 2025
  • Interest Payment: Monthly from August 31, 2025 to February 12, 2028
  • Put/Call Option Date: July 31, 2027
  • Redemption Date: February 12, 2028

Impact Assessment

Minimal market impact as this is a routine private placement listing. The securities provide institutional investors with a CRISIL A- rated investment option with attractive 10.50% yield and flexible put/call options.

Impact Justification

Routine debt securities listing with standard terms, minimal market impact