Description
BSE lists two new debt securities of Nuvama Wealth and Investment Limited with 9% interest rate and redemption dates in 2027.
Summary
BSE has listed two new debt securities issued by Nuvama Wealth and Investment Limited on private placement basis, effective from August 26, 2025. Both securities carry 9% annual interest rate with redemption dates in 2027.
Key Points
- Two debt securities listed: NWIL-9%-22-06-27-PVT and NWIL-9%-20-08-27-PVT
- Face value and issue price: Rs. 100,000 each
- Credit rating: CARE AA/Stable
- Interest payment: Annual basis at 9% p.a.
- Trading only in dematerialized form
- Tick size: 1 paise
Security Details
Security 1:
- Scrip Code: 977053
- ISIN: INE523L07AN0
- Quantity: 10,000
- Redemption Date: June 22, 2027
Security 2:
- Scrip Code: 977054
- ISIN: INE523L07AO8
- Quantity: 10,000
- Redemption Date: August 20, 2027
Important Dates
- Date of Allotment: August 22, 2025
- Listing Date: August 26, 2025
- Redemption Dates: June 22, 2027 and August 20, 2027
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading members can contact debt department (22728352/8597/8995/5753/8915) for clarifications
- Placement Memorandum available on BSE website for detailed information
Impact Assessment
Low market impact as this is a routine private placement listing. The securities provide institutional investors with additional debt investment options backed by CARE AA/Stable rating.
Impact Justification
Routine debt security listing with minimal market impact