Description
BSE announces listing of new debt securities by Pahal Financial Services Private Limited on private placement basis with 12.25% interest rate.
Summary
BSE announces the listing and admission to trading of new debt securities issued by Pahal Financial Services Private Limited on private placement basis. The securities carry a 12.25% per annum interest rate and are rated ICRA BBB-.
Key Points
- Quantity: 2,900 securities listed
- Face Value: Rs. 100,000 per security
- Interest Rate: 12.25% per annum (half-yearly payments)
- Credit Rating: ICRA BBB-
- Scrip Code: 977032
- ISIN: INE514Q07387
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialized form
- Refer to Placement Memorandum for additional details
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Date of Allotment: August 14, 2025
- Interest Payment Period: February 14, 2026 to August 14, 2028 (half-yearly)
- Date of Redemption: August 14, 2028
- Effective Trading Date: August 18, 2025
Impact Assessment
Minimal market impact as this is a standard debt security listing for a private company. The securities are rated BBB- and will only affect debt market participants interested in corporate bonds with moderate credit risk.
Impact Justification
Standard debt security listing announcement with limited market impact