Description

BSE announces listing and admission to trading of new debt securities issued by Shriram Finance Limited on private placement basis with effect from October 6, 2025.

Summary

BSE has listed new debt securities issued by Shriram Finance Limited on a private placement basis. The securities, rated CRISIL AA+/STABLE and IND AA+/Stable, will trade on the BSE Debt segment with effect from October 6, 2025. The issue comprises 50,000 securities with a reset rate structure maturing on September 29, 2028.

Key Points

  • Scrip Code: 977190, Scrip ID: SFL29928
  • ISIN: INE721A07SO3
  • Quantity: 50,000 securities, Market Lot: 1
  • Face Value: Rs. 100,000 per security
  • Issue Price: Rs. 100,000 (at par)
  • Date of Allotment: October 1, 2025
  • Credit Rating: CRISIL AA+/STABLE, IND AA+/Stable
  • Interest Payment: Quarterly (reset rate structure)
  • Maturity Date: September 29, 2028
  • Trading: Dematerialized form only
  • Tick Size: 1 paise
  • No put/call options

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE721A07SO3
  • Members must refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed terms
  • For clarifications, members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 1, 2025
  • Listing Date: October 6, 2025
  • Interest Payment: Quarterly intervals
  • Redemption Date: September 29, 2028

Impact Assessment

This is a routine debt security listing with limited broader market impact. The listing adds liquidity options for institutional investors holding these privately placed securities. The AA+ rating indicates high credit quality. The reset rate structure provides interest rate adjustment mechanism. Impact is confined to debt market participants and existing/potential investors in Shriram Finance debt instruments.

Impact Justification

Routine debt security listing notification with limited market-wide impact, relevant primarily to debt market participants and investors in Shriram Finance securities