Description
BSE announces listing of new debt securities worth Rs. 35 crores by Poonawalla Fincorp Limited with 7.52% interest rate and CRISIL AAA rating.
Summary
BSE announces the listing of new debt securities issued by Poonawalla Fincorp Limited on private placement basis. The securities are listed on BSE Debt segment effective August 28, 2025, with a face value of Rs. 1,00,000 per security and carrying a 7.52% annual interest rate.
Key Points
- New debt securities of Poonawalla Fincorp Limited listed on BSE Debt segment
- Total quantity: 35,000 securities with face value Rs. 1,00,000 each
- Scrip Code: 977057, ISIN: INE511C07920
- Credit rating: CRISIL AAA/stable
- Interest rate: 7.52% per annum paid annually
- Market lot size: 1 security
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Tick size for trading is 1 paise
- Trading members should refer to Placement Memorandum for detailed information
- Contact debt department for clarifications on specified contact numbers
Important Dates
- Date of Allotment: August 25, 2025
- Listing Date: August 28, 2025
- Interest Payment Dates: February 25 (annually from 2026 to 2028)
- Redemption Date: February 25, 2028
Impact Assessment
Minimal market impact as this is a routine debt security listing. The AAA rating indicates high credit quality, making it attractive for institutional investors. The 7.52% interest rate provides competitive returns in current market conditions.
Impact Justification
Routine debt security listing with minimal market impact