Description
BSE announces listing of new 9% p.a. debt securities worth Rs. 20 crores issued by Nuvama Wealth Finance Limited on private placement basis.
Summary
BSE has listed new debt securities of Nuvama Wealth Finance Limited worth Rs. 20 crores issued on private placement basis. The securities carry 9% p.a. interest rate and mature on July 22, 2027.
Key Points
- Quantity: 20,000 securities with face value of Rs. 1,00,000 each
- Scrip Code: 977055, ISIN: INE918K07PZ6
- Interest Rate: 9% p.a. payable annually
- Issue Price: Rs. 1,00,030 per security
- Credit Rating: CARE AA
- Market lot size: 1 security
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities to be traded only in dematerialized form
- Tick size: 1 paise
- Trading members can refer placement memorandum on BSE website
Important Dates
- Date of Allotment: August 22, 2025
- Interest Payment: Annually from August 24, 2026 to July 22, 2027
- Redemption Date: July 22, 2027
- Trading Effective: August 26, 2025
Impact Assessment
Minimal market impact as this is a routine debt listing. The securities are issued on private placement basis with no put/call options, indicating standard institutional investment.
Impact Justification
Routine debt securities listing with limited market impact