Description
BSE lists three new commercial paper issues by Axis Finance Limited worth Rs. 5 lakh each with varying redemption dates in September 2025.
Summary
BSE has listed three new commercial paper issues by Axis Finance Limited on its debt segment effective September 3, 2025. The papers are issued on private placement basis with face value of Rs. 5 lakh each and have redemption dates between September 22-25, 2025.
Key Points
- Three commercial paper issues listed with scrip codes 730135, 730136, and 730137
- Total quantities: 3000, 3000, and 2200 papers respectively
- All papers have CRISIL A1+ and IND A1+ credit ratings
- Issue prices range from Rs. 498,062 to Rs. 498,314 per paper
- Axis Bank Limited serves as issuing and paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN numbers
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: September 2, 2025
- Redemption Dates: September 22, 23, and 25, 2025
- Listing Effective Date: September 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding requirements. The papers provide additional debt instruments for institutional investors with high credit ratings and short maturity periods.
Impact Justification
Routine commercial paper listing with standard terms and short-term maturity