Description

BSE announces listing of Axis Finance Limited's new Commercial Paper worth Rs. 100 crores on private placement basis.

Summary

BSE has listed new Commercial Paper securities of Axis Finance Limited worth Rs. 100 crores (2000 units of Rs. 5 lakhs each) issued on private placement basis. The securities are admitted for trading on BSE Debt segment effective September 1, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000 face value each
  • Total quantity: 2000 units (Rs. 100 crores)
  • Issue price: Rs. 4,92,531 per unit
  • Credit rating: CRISIL A1+, IND A1+
  • Scrip code: 730121, ISIN: INE891K14PJ5
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading must be in standard denomination of Rs. 5 lakhs and multiples
  • Axis Bank Limited serves as Issuing and Paying agent

Important Dates

  • Allotment date: August 29, 2025
  • Trading commencement: September 1, 2025
  • Redemption date: November 25, 2025

Impact Assessment

Routine debt security listing with minimal market impact. Provides additional short-term funding avenue for Axis Finance Limited through commercial paper market.

Impact Justification

Standard commercial paper listing with no broader market implications