Description
BSE announces listing of new debt securities worth Rs. 11 crore by Powai Lake Residential Private Limited on private placement basis.
Summary
BSE has listed new debt securities of Powai Lake Residential Private Limited worth Rs. 11 crore (1,100 securities of Rs. 1 lakh each) issued on private placement basis. The securities carry 10% annual interest and mature on September 1, 2035.
Key Points
- Quantity: 1,100 securities with face value of Rs. 1,00,000 each
- Scrip Code: 977080, ISIN: INE17UL08054
- Interest Rate: 10% per annum, paid annually
- Credit Rating: CARE BBB-/Stable
- Trading only in dematerialized form with tick size of 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities will be traded under the specified ISIN number
- Refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: September 2, 2025
- Interest Payment: Annually from April 2, 2029 to September 1, 2035
- Maturity Date: September 1, 2035
- Trading Effective: September 3, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing for debt securities. The securities are rated BBB-/Stable by CARE, indicating adequate credit quality with moderate credit risk.
Impact Justification
Routine listing of private placement debt securities with limited market impact