Description

BSE lists three new commercial paper securities issued by Axis Finance Limited on private placement basis with redemption dates in September 2025.

Summary

BSE has listed three new commercial paper securities issued by Axis Finance Limited on private placement basis. The securities have face values of Rs. 5 lakhs each with redemption dates between September 22-25, 2025. All securities carry CRISIL A1+ and IND A1+ credit ratings.

Key Points

  • Three commercial paper series listed with scrip codes 730135, 730136, and 730137
  • Total quantities: 3000, 3000, and 2200 securities respectively
  • All securities have Rs. 5,00,000 face value and market lot of 1
  • Issue prices range from Rs. 498,062 to Rs. 498,314
  • Allotment date: September 2, 2025
  • Axis Bank Limited acts as Issuing and Paying Agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size is 1 paise
  • Trading members can contact debt department for clarifications

Important Dates

  • Allotment Date: September 2, 2025
  • Redemption Dates:
    • AFL2925: September 23, 2025
    • AFL02925: September 22, 2025
    • AFL020925: September 25, 2025
  • Listing Effective: September 3, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding instruments. The securities have short maturity periods (19-23 days) and are primarily institutional investments. No significant impact on broader market operations expected.

Impact Justification

Routine commercial paper listing with short maturity periods, minimal market impact