Description
BSE announces listing of Rs. 100 crore private placement debt securities by Hinduja Leyland Finance Limited with 7.89% p.a. interest rate, maturing in August 2027.
Summary
BSE has listed new debt securities of Hinduja Leyland Finance Limited issued on private placement basis. The securities worth Rs. 100 crore (10,000 units of Rs. 100,000 face value each) carry an interest rate of 7.89% p.a. and will mature on August 27, 2027. The securities are rated CRISIL AA+/STABLE and will trade under scrip code 977070.
Key Points
- Total issue size: Rs. 100 crore (10,000 units × Rs. 100,000 face value)
- Interest rate: 7.89% per annum
- Credit rating: CRISIL AA+/STABLE
- Scrip code: 977070
- ISIN: INE146O07581
- Maturity: August 27, 2027
- Interest payment: Annual basis
- Trading: Only in dematerialized form
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for debt securities issued on private placement basis.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialized form
- Tick size for the securities is set at 1 paise
- Market lot size is 1 unit
- Placement Memorandum available on BSE website for detailed terms
Important Dates
- Allotment date: August 29, 2025
- Listing date: September 2, 2025
- Interest payment dates: Annually from August 29, 2026 to August 27, 2027
- Maturity date: August 27, 2027
Impact Assessment
Minimal market impact as this is a private placement debt issuance. The listing provides additional investment opportunity in highly-rated corporate debt securities. The CRISIL AA+/STABLE rating indicates strong creditworthiness. No put/call options are available on these securities.
Impact Justification
Routine debt listing announcement for private placement securities with limited market-wide impact