Description
BSE announces listing of new debt securities worth ₹689.6 crore issued by DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES on private placement basis.
Summary
BSE has listed new debt securities of DVARA KSHETRIYA GRAMIN FINANCIAL SERVICES PRIVATE LIMITED issued on private placement basis. The securities carry a 12.90% interest rate with quarterly payments and mature on July 13, 2029.
Key Points
- Quantity: 6,896 securities with face value of ₹1,00,000 each
- Total issue size: ₹689.6 crore
- Interest rate: 12.90% per annum paid quarterly
- Credit rating: CRISIL BBB+/Stable
- Scrip code: 977058, ISIN: INE179P07605
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Tick size is 1 paise
- Members can refer to Placement Memorandum on BSE website for details
Important Dates
- Date of allotment: August 26, 2025
- Listing effective: August 29, 2025
- Redemption date: July 13, 2029
- Interest payment: Quarterly
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors with a medium-term investment option with stable credit rating from a financial services company.
Impact Justification
Routine debt security listing with no broad market impact