Description
BSE lists new debt securities worth ₹25 crore of Mahindra Rural Housing Finance Limited with 7.25% interest rate.
Summary
BSE has listed new debt securities of Mahindra Rural Housing Finance Limited (MRHFL) worth ₹25 crore issued on private placement basis. The securities carry a 7.25% annual interest rate and mature on August 27, 2027.
Key Points
- Quantity: 25,000 securities with face value of ₹1,00,000 each
- Scrip Code: 977059, ISIN: INE950O07511
- Credit Rating: CRISIL AAA/Stable
- Issue Price: ₹1,00,000 per security
- Date of Allotment: August 28, 2025
- Interest Rate: 7.25% per annum (paid annually)
- Maturity Date: August 27, 2027
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Securities will be traded only in dematerialized form
- Tick size for trading is 1 paise
- Trading members should refer to Placement Memorandum for detailed information
Important Dates
- August 28, 2025: Date of Allotment
- August 28, 2026 to August 27, 2027: Interest payment period
- August 27, 2027: Redemption date
Impact Assessment
This is a routine debt security listing with minimal market impact. The securities are rated AAA/Stable by CRISIL, indicating high credit quality. The listing provides additional funding avenue for Mahindra Rural Housing Finance Limited’s operations.
Impact Justification
Routine debt security listing with limited market impact