Description
GMR Airports Limited lists new debt securities worth ₹59 crores on BSE Debt segment with 5% interest rate.
Summary
GMR Airports Limited has listed new debt securities worth ₹59 crores on BSE’s Debt segment effective August 14, 2025. The securities were issued on private placement basis with a 5% annual interest rate and CRISIL A+/STABLE rating.
Key Points
- Two tranches of debt securities listed: ₹15 crores (2027 maturity) and ₹44 crores (2028 maturity)
- Face value: ₹1,00,000 per security for both tranches
- Interest rate: 5% per annum, paid annually
- Credit rating: CRISIL A+/STABLE
- Securities tradeable only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities must be traded under specified ISIN numbers
- Refer to Placement Memorandum for detailed terms
Important Dates
- Listing Date: August 14, 2025
- Allotment Date: August 13, 2025
- Interest Payment: Annually from March 31, 2026
- Redemption Dates: February 13, 2027 (Tranche 1) and August 13, 2028 (Tranche 2)
Impact Assessment
Minimal market impact as this is a routine debt listing for an existing infrastructure company. The securities provide additional funding avenue for GMR Airports’ operations with competitive interest rates backed by strong credit rating.
Impact Justification
Routine debt listing with limited market impact for existing listed entity