Description

Piramal Finance Limited has listed new debt securities worth Rs. 250 crore on BSE Debt segment with 8.75% interest rate, maturing on 29 October 2027.

Summary

BSE has listed new debt securities issued by Piramal Finance Limited on private placement basis, effective 14 October 2025. The securities comprise 250,000 units with a face value of Rs. 1,00,000 each, carrying an interest rate of 8.75% per annum. The securities are rated ICRA AA/Stable and will mature on 29 October 2027.

Key Points

  • Scrip Code: 977203
  • Scrip ID: 875PFL27
  • ISIN: INE202B07JW4
  • Quantity: 250,000 units
  • Face Value: Rs. 1,00,000 per unit
  • Total Issue Size: Rs. 2,500 crore
  • Interest Rate: 8.75% per annum (paid annually)
  • Credit Rating: ICRA AA/Stable
  • Allotment Date: 13 October 2025
  • Maturity Date: 29 October 2027
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Put/Call Option: Not applicable

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE202B07JW4
  • The tick size for trading is 1 paise
  • Trading members requiring clarifications should contact BSE debt department at 22728352/8597/8995/5753/8915
  • Refer to Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details

Important Dates

  • Allotment Date: 13 October 2025
  • Listing Date: 14 October 2025
  • Interest Payment: Annually
  • Redemption Date: 29 October 2027

Impact Assessment

This is a routine debt security listing with minimal market impact. The listing expands investment options for institutional and qualified investors in the debt segment. The ICRA AA/Stable rating indicates high credit quality. The securities will provide trading liquidity for investors who participated in the private placement. No impact on equity markets or broader trading operations.

Impact Justification

Routine debt security listing on private placement basis with no market-wide implications. Affects only debt segment investors interested in Piramal Finance securities.