Description

BSE announces listing of two new debt securities by GMR Airports Limited on private placement basis with CRISIL A+/STABLE rating.

Summary

BSE has listed two new debt securities of GMR Airports Limited issued on private placement basis, effective from August 14, 2025. Both securities carry CRISIL A+/STABLE rating and 5% annual interest rate.

Key Points

  • Two debt securities listed: 5-year (Feb 2027) and 3-year (Aug 2028) tenure
  • Total quantum: ₹59,000 crores (₹15,000 + ₹44,000 crores)
  • Face value: ₹1,00,000 per security
  • Interest rate: 5% per annum, paid annually
  • Credit rating: CRISIL A+/STABLE
  • Trading only in dematerialised form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialised form
  • Securities to be traded under specified ISIN numbers
  • Refer to Placement Memorandum for detailed terms

Important Dates

  • Allotment Date: August 13, 2025
  • Listing Date: August 14, 2025
  • First Interest Payment: March 31, 2026
  • Redemption Dates: February 13, 2027 and August 13, 2028

Impact Assessment

Limited market impact as this is a routine debt listing on private placement basis. The securities provide institutional investors access to GMR Airports’ debt with stable credit rating. No immediate impact on equity markets expected.

Impact Justification

Routine debt listing with good credit rating but limited market impact