Description
BSE announces listing of new debt securities worth Rs. 25 crore by Marwadi Shares and Finance Limited on private placement basis.
Summary
BSE has listed new debt securities of Marwadi Shares and Finance Limited worth Rs. 25 crore issued on private placement basis. The zero-coupon securities carry CRISIL A+/STABLE rating and will mature on September 9, 2027.
Key Points
- 25,000 securities of Rs. 1 lakh face value each listed on BSE Debt segment
- Securities issued on private placement basis with allotment date September 9, 2025
- Zero percent interest rate (cumulative) with redemption on September 9, 2027
- CRISIL A+/STABLE credit rating assigned
- Trading only in dematerialized form under ISIN INE138I08109
- Scrip Code: 977093, Scrip ID: 0MSFL27
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Tick size for securities is 1 paise
- Trading members can refer to Placement Memorandum for further details
Important Dates
- Allotment Date: September 9, 2025
- Interest Payment Date: September 9, 2027 (cumulative)
- Redemption Date: September 9, 2027
- Trading Effective Date: September 10, 2025
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities are zero-coupon bonds with 2-year maturity, providing limited liquidity impact to the broader debt market.
Impact Justification
Routine debt security listing with limited market impact due to private placement nature