Description
BSE announces listing of three new commercial paper issues by Bajaj Financial Securities Limited with face value of Rs. 5 lakh each.
Summary
BSE has listed three new commercial paper issues by Bajaj Financial Securities Limited on the debt segment. The papers have face values of Rs. 5 lakh each with different redemption dates in September 2025. All issues are rated CRISIL A1+ and will be traded in dematerialized form only.
Key Points
- Three commercial paper issues listed with total quantity of 8,000 units
- Face value: Rs. 5,00,000 per unit for all issues
- Credit ratings: CRISIL A1+, IND A1+, ICRA A1+
- ICICI Bank Limited serves as Issuing and Paying Agent
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading members to contact debt department for clarifications
Important Dates
- Issue 1 (BFSL2925): Allotment 04/09/2025, Redemption 25/09/2025
- Issue 2 (BFSL23625): Allotment 03/09/2025, Redemption 22/09/2025
- Issue 3 (BFSL3925): Allotment 03/09/2025, Redemption 29/09/2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional short-term debt instruments for institutional investors. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no market-wide implications