Description
BSE announces listing of DIAL's ₹100 crore debt securities with 8.75% interest rate and 15-year maturity on private placement basis.
Summary
BSE has listed new debt securities of Delhi International Airport Limited (DIAL) worth ₹100 crore issued on private placement basis. The securities carry an 8.75% interest rate with quarterly payments and mature on September 1, 2040.
Key Points
- Quantity: 100,000 securities with face value of ₹1,00,000 each
- Scrip Code: 977085, ISIN: INE657H08068
- Interest Rate: 8.75% per annum paid quarterly
- Credit Rating: CARE AA/Stable, IND AA/Stable
- Trading in dematerialized form only with 1 paise tick size
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities will trade under the specified ISIN number
- Tick size of 1 paise applies for trading
Important Dates
- Date of Allotment: September 1, 2025
- First Interest Payment: September 30, 2025
- Interest Payment Frequency: Quarterly from September 30, 2025 to September 1, 2040
- Date of Redemption: September 1, 2040
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors with a long-term investment option backed by airport infrastructure assets with stable credit ratings.
Impact Justification
Routine debt security listing with no immediate market impact