Description
BSE announces listing of new debt securities issued by Nuvama Wealth Finance Limited on private placement basis with 9% interest rate.
Summary
BSE has listed new debt securities of Nuvama Wealth Finance Limited issued on private placement basis, effective from August 26, 2025. The securities carry a 9% interest rate and mature on July 22, 2027.
Key Points
- Quantity: 20,000 securities with market lot of 1
- Scrip Code: 977055, Scrip ID: 9NWFL027
- ISIN: INE918K07PZ6
- Face Value: Rs. 1,00,000
- Issue Price: Rs. 1,00,030
- Credit Rating: CARE AA
- Interest Rate: 9% per annum (paid annually)
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under the specified ISIN number
- Members can refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: August 22, 2025
- Interest Payment: Annually from August 24, 2026 to July 22, 2027
- Date of Redemption: July 22, 2027
- Effective Trading Date: August 26, 2025
Impact Assessment
Routine listing with minimal market impact. Provides additional debt instrument option for investors. No put/call options available on these securities.
Impact Justification
Routine listing announcement for debt securities with limited market impact