Description

GMR Airports Limited has listed new debt securities worth ₹59 crores on BSE Debt segment with 5% interest rate and maturity periods of 2027 and 2028.

Summary

GMR Airports Limited has successfully listed new debt securities on BSE Debt segment through private placement. Two tranches totaling ₹59 crores have been issued with 5% annual interest rate, maturing in February 2027 and August 2028 respectively.

Key Points

  • Two debt securities issued on private placement basis
  • Tranche 1: ₹15 crores (150 securities) maturing February 13, 2027
  • Tranche 2: ₹44 crores (440 securities) maturing August 13, 2028
  • Both tranches carry 5% per annum interest rate
  • Credit rating: CRISIL A+/STABLE
  • Face value: ₹1,00,000 per security
  • Trading only in dematerialized form

Regulatory Changes

No regulatory changes introduced. Standard listing procedures followed for debt securities.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Tick size for securities is 1 paise
  • Securities identified by specific ISIN numbers (INE776C08083 and INE776C08075)
  • Market lot size is 1 for both securities

Important Dates

  • Date of Allotment: August 13, 2025
  • Listing Effective: August 14, 2025
  • Interest Payment: Annually from March 31, 2026
  • Maturity Date (Tranche 1): February 13, 2027
  • Maturity Date (Tranche 2): August 13, 2028

Impact Assessment

Medium impact for GMR Airports Limited as it provides additional funding through debt capital markets. The CRISIL A+/STABLE rating indicates strong creditworthiness. Limited broader market impact as these are private placement securities with no put/call options.

Impact Justification

New debt securities listing provides funding options for GMR Airports but has limited market-wide impact