Description
BSE lists new debt securities worth Rs. 15 crores issued by Navi Finserv Limited on private placement basis.
Summary
BSE has listed new debt securities of Navi Finserv Limited worth Rs. 15 crores issued on private placement basis. The securities carry 10% annual interest rate and are set to mature on March 25, 2027.
Key Points
- Quantity: 15,000 securities with face value of Rs. 1,00,000 each
- Scrip Code: 976855, Scrip ID: 10NFL27
- ISIN: INE342T07619
- Credit Rating: IND A+
- Interest Rate: 10% per annum paid monthly
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under the specified ISIN number
- Refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: August 19, 2025
- Interest Payment: Monthly from July 25, 2025 to March 25, 2027
- Date of Redemption: March 25, 2027
- Effective Trading Date: August 21, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing. The securities provide institutional investors with a debt instrument offering 10% annual returns with IND A+ rating.
Impact Justification
Routine debt security listing with limited market impact