Description

BSE announces listing of new debt securities worth Rs. 75 crores issued by Asirvad Microfinance Limited on private placement basis.

Summary

BSE has listed new debt securities of Asirvad Microfinance Limited worth Rs. 75 crores (7,500 securities of Rs. 1 lakh each) on its Debt segment effective September 1, 2025. The securities were issued on private placement basis and carry an interest rate of 8.7% per annum.

Key Points

  • Quantity: 7,500 securities with face value Rs. 1,00,000 each
  • Scrip Code: 977066, Scrip ID: 87AML28
  • ISIN Number: INE516Q08455
  • Credit Rating: CRISIL AA-/Stable
  • Interest Rate: 8.7% per annum (paid annually)
  • Date of Allotment: August 29, 2025
  • Maturity Date: August 29, 2028
  • Trading only in dematerialised form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form
  • Securities will be traded under ISIN Number INE516Q08455
  • For detailed information, trading members should refer to the Placement Memorandum available on BSE website

Important Dates

  • Date of Allotment: August 29, 2025
  • Interest Payment Dates: Annually from August 29, 2026 to August 29, 2028
  • Redemption Date: August 29, 2028
  • Effective Trading Date: September 1, 2025

Impact Assessment

Minimal market impact as this is a routine debt securities listing. The securities provide investors with a fixed-income investment option backed by a microfinance institution with good credit rating (CRISIL AA-/Stable).

Impact Justification

Routine debt securities listing with no significant market impact