Description
BSE lists new Commercial Paper worth Rs. 125 crores issued by Poonawalla Fincorp Limited on private placement basis.
Summary
BSE has listed new Commercial Paper worth Rs. 125 crores issued by Poonawalla Fincorp Limited on private placement basis. The securities are admitted to trading on BSE Debt segment effective August 28, 2025.
Key Points
- Commercial Paper issued on private placement basis of Rs. 5,00,000/- each
- Total quantity: 2,500 units (Rs. 125 crores)
- Scrip Code: 730104, Scrip ID: PFL260825
- ISIN: INE511C14YX9
- Credit Rating: CARE A1+, CRISIL A1+
- Issue price: Rs. 4,92,135/- per unit
- ICICI Bank Ltd acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise applies
- Market lot size: 1 unit
Important Dates
- Allotment Date: August 26, 2025
- Listing Date: August 28, 2025
- Redemption Date: November 25, 2025
Impact Assessment
Routine debt market listing with minimal market impact. The commercial paper provides short-term funding for Poonawalla Fincorp Limited with a 91-day tenure. High credit ratings indicate low default risk for investors.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact