Description
BSE announces listing of new commercial paper securities issued by Axis Finance Limited on private placement basis worth Rs. 5 lakh each.
Summary
BSE has listed new Commercial Paper securities issued by Axis Finance Limited on private placement basis. Two tranches of commercial papers with face value of Rs. 5 lakh each have been admitted to trading on BSE Debt segment effective August 25, 2025.
Key Points
- Two new commercial paper tranches listed by Axis Finance Limited
- First tranche: 1000 securities with scrip code 730078, redemption date November 21, 2025
- Second tranche: 2000 securities with scrip code 730071, redemption date November 20, 2025
- Both tranches carry CRISIL A1+ and IND A1+ credit ratings
- Issue prices: Rs. 492,280 and Rs. 492,268 respectively
- Allotment date: August 22, 2025
- Axis Bank Limited acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing procedure followed.
Compliance Requirements
- Securities to be traded only in dematerialized form under specified ISIN numbers
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applicable
- Trading members must use designated scrip codes and ISIN numbers
Important Dates
- Allotment Date: August 22, 2025
- Listing Date: August 25, 2025
- Redemption Dates: November 20-21, 2025
- Trading Effective: August 25, 2025
Impact Assessment
Minimal market impact as this represents routine commercial paper issuance by Axis Finance Limited. The listing provides additional short-term debt investment options for institutional investors in the BSE Debt segment. Credit ratings of A1+ indicate high credit quality and low default risk.
Impact Justification
Routine commercial paper listing with limited market impact