Description
BSE announces listing of 2,500 non-convertible debentures of Asirvad Microfinance Limited with 8.55% annual interest, maturing on October 14, 2027.
Summary
BSE has listed new debt securities of Asirvad Microfinance Limited on its Debt segment effective October 15, 2025. The company issued 2,500 non-convertible debentures on private placement basis with CRISIL AA-/Stable rating.
Key Points
- Quantity: 2,500 debentures
- Scrip Code: 977211
- Scrip ID: 855AML27
- ISIN: INE516Q08489
- Face Value: Rs. 100,000 per debenture
- Issue Price: Rs. 100,000 per debenture
- Interest Rate: 8.55% per annum
- Credit Rating: CRISIL AA-/Stable
- Market Lot: 1
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE516Q08489
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
- For clarifications, trading members may contact BSE Debt Department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: October 14, 2025
- Interest Payment Dates: Annually on October 14 (2026 and 2027)
- First Interest Payment: October 14, 2026
- Redemption Date: October 14, 2027
- Trading Commencement: October 15, 2025
Impact Assessment
This is a routine debt listing with minimal market impact. The securities are privately placed and will be traded only among institutional investors in the debt segment. The CRISIL AA-/Stable rating indicates high credit quality. The 8.55% annual interest rate provides fixed income opportunities for debt investors with a 2-year maturity profile.
Impact Justification
Routine listing of privately placed debt securities affecting only specific bond investors