Description
BSE lists new commercial paper securities of Nuvama Wealth Finance Limited with face value of Rs. 5 lakhs each for trading in debt segment.
Summary
BSE has listed new Commercial Paper securities issued by Nuvama Wealth Finance Limited on private placement basis. Two series of commercial papers with face value of Rs. 5,00,000 each are now available for trading in the BSE Debt segment effective August 28, 2025.
Key Points
- Two series of commercial papers listed: NWFL28825 (1000 quantity) and NWFL26825 (2000 quantity)
- Face value: Rs. 5,00,000 per security for both series
- Credit rating: CARE A1+ and CRISIL A1+ for both securities
- Trading in dematerialized form only under respective ISIN numbers
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- ICICI Bank Limited serves as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced - standard commercial paper listing procedure.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Must use specified ISIN numbers for trading
Important Dates
- Listing Date: August 28, 2025
- Series 1 (NWFL28825):
- Allotment Date: August 28, 2025
- Redemption Date: September 15, 2025
- Series 2 (NWFL26825):
- Allotment Date: August 26, 2025
- Redemption Date: March 10, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt investment options for institutional investors. No significant operational changes required for trading members beyond standard debt segment procedures.
Impact Justification
Routine commercial paper listing with no broad market impact