Description
BSE announces listing of new debt securities by Edel Finance Company Limited on private placement basis with two tranches totaling ₹1,359.10 crores.
Summary
BSE has listed new debt securities of Edel Finance Company Limited issued on private placement basis. Two tranches have been listed with CRISIL A+/STABLE rating, totaling ₹1,359.10 crores, maturing on October 30, 2028.
Key Points
- Two tranches of debt securities listed on BSE Debt segment
- Tranche 1: 3,000 securities at ₹97,292 issue price (Scrip Code: 976967)
- Tranche 2: 12,591 securities at ₹96,465 issue price (Scrip Code: 976968)
- Both tranches have CRISIL A+/STABLE credit rating
- Face value of ₹1,00,000 per security for both tranches
- Securities will trade only in dematerialized form
- Tick size is 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 specified ISIN numbers
- Refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: August 28, 2025
- Listing Date: August 29, 2025
- Redemption Date: October 30, 2028
Impact Assessment
Limited market impact as this is a routine debt listing announcement. The securities provide additional investment options in the debt segment for institutional and qualified investors. The CRISIL A+/STABLE rating indicates good credit quality.
Impact Justification
Routine debt listing announcement with limited market impact