Description
BSE announces listing of new debt securities by Neogen Chemicals Limited on private placement basis with 10.50% interest rate.
Summary
BSE announces the listing of new debt securities issued by Neogen Chemicals Limited on private placement basis, effective August 14, 2025. The securities carry a 10.50% interest rate and will be traded only in dematerialized form.
Key Points
- Quantity: 20,000 securities with market lot of 1
- Scrip Code: 977028, Scrip ID: 1050NCL28
- ISIN Number: INE136S07013
- Face Value: Rs. 100,000 per security
- Credit Rating: CRISIL A-
- Interest Rate: 10.50% per annum
Security Details
- Issue Price: Rs. 100,000
- Date of Allotment: August 12, 2025
- Interest Payment: Monthly from August 31, 2025 to February 12, 2028
- Redemption Date: February 12, 2028
- Put/Call Options: Both available from July 31, 2027
Trading Requirements
- Securities will be traded only in dematerialized form
- Tick size: 1 paise
- Trading on BSE Debt segment
Important Dates
- Listing Date: August 14, 2025
- First Interest Payment: August 31, 2025
- Put/Call Option Date: July 31, 2027
- Redemption Date: February 12, 2028
Impact Assessment
Routine debt security listing with minimal market impact. Provides additional financing instrument for Neogen Chemicals Limited and investment option for debt market participants.
Impact Justification
Routine debt security listing with limited market impact