Description
BSE announces listing of new debt securities worth Rs. 400 crores by H.G. Infra Engineering Limited on private placement basis with 8.55% interest rate.
Summary
BSE has listed new debt securities of H.G. Infra Engineering Limited worth Rs. 400 crores (40,000 securities of Rs. 1 lakh each) issued on private placement basis. The securities carry 8.55% annual interest rate and mature on August 29, 2028.
Key Points
- Quantity: 40,000 securities with face value of Rs. 1,00,000 each
- Scrip Code: 977063, ISIN: INE926X08015
- Interest Rate: 8.55% per annum, paid annually
- Credit Rating: ICRA AA-/Positive
- Issue Price: Rs. 1,00,000 per security
- Allotment Date: August 29, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members must refer to Placement Memorandum for details
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Listing Date: September 1, 2025
- Interest Payment: Annually from February 28, 2026 to August 29, 2028
- Redemption Date: August 29, 2028
- Allotment Date: August 29, 2025
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors with a rated debt instrument carrying competitive interest rates. No put/call options available, indicating standard term structure.
Impact Justification
Routine debt security listing with standard terms, limited market impact