Description

BSE announces listing of two new debt securities issued by Varthana Finance Private Limited on private placement basis, effective October 14, 2025.

Summary

BSE has listed two new debt securities issued by Varthana Finance Private Limited on private placement basis with effect from October 14, 2025. The securities include a 2-year debenture (11.25% p.a., maturing July 2026) with quantity 2,000 and a 6-year debenture (11.40% p.a., maturing May 2030) with quantity 2,700. Both securities are rated CRISIL BBB and will trade in dematerialized form only.

Key Points

  • Two debt securities of Varthana Finance Private Limited listed on BSE Debt segment
  • Security 1: Scrip Code 977207, ISIN INE125T07287, Face Value Rs. 1,00,000, Interest 11.25% p.a. (monthly), Maturity July 12, 2026
  • Security 2: Scrip Code 977208, ISIN INE125T07279, Face Value Rs. 1,00,000, Interest 11.40% p.a. (half-yearly), Maturity May 16, 2030, includes put option
  • Both securities allotted in 2024 (May and July respectively) and listed effective October 14, 2025
  • Credit rating: CRISIL BBB for both instruments
  • Market lot: 1 for both securities
  • Trading only in dematerialized form with tick size of 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Tick size of 1 paise must be followed for trading
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Effective Date of Listing: October 14, 2025
  • Security 1 (977207) Allotment Date: July 12, 2024
  • Security 1 Interest Payment: Monthly from August 12, 2024 to July 12, 2026
  • Security 1 Redemption Date: July 12, 2026
  • Security 2 (977208) Allotment Date: May 16, 2024
  • Security 2 Interest Payment: Half-yearly from November 16, 2024 to May 16, 2030
  • Security 2 Redemption Date: May 16, 2030

Impact Assessment

Minimal market impact. This is a routine administrative notification for listing privately placed debt securities. The listing provides additional investment options in the debt market for institutional investors. No impact on equity markets or broader trading operations. Security 2 includes a put option providing investor flexibility as per the disclosure document.

Impact Justification

Routine listing announcement for privately placed debt securities with no impact on equity markets or trading members beyond informational purposes