Description

BSE announces listing of 2,500 units of 8.55% non-convertible debentures issued by Asirvad Microfinance Limited on private placement basis, 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 securities consist of 2,500 units of non-convertible debentures issued on private placement basis, carrying an interest rate of 8.55% per annum with a three-year tenure.

Key Points

  • Quantity: 2,500 units of debt securities
  • Scrip Code: 977211
  • Scrip ID: 855AML27
  • ISIN: INE516Q08489
  • Face Value: Rs. 100,000 per unit
  • Issue Price: Rs. 100,000 per unit
  • Interest Rate: 8.55% per annum (paid annually)
  • Credit Rating: CRISIL AA-/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading: Dematerialised form only

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE516Q08489
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Tick size of 1 paise must be observed for all trades
  • Clarifications can be sought from BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 14, 2025
  • Listing Date: October 15, 2025
  • Interest Payment Dates: Annually on October 14 (2026-2027)
  • Redemption Date: October 14, 2027

Impact Assessment

This listing has minimal market-wide impact as it involves private placement of debt securities for a specific issuer. The listing expands the debt securities available on BSE’s platform and provides liquidity options for investors holding Asirvad Microfinance debentures. The CRISIL AA-/Stable rating indicates high credit quality. Impact is limited to debt market participants, institutional investors, and existing stakeholders of Asirvad Microfinance Limited.

Impact Justification

Routine debt security listing notification on private placement basis with limited market-wide impact, relevant primarily to debt market participants and investors in Asirvad Microfinance securities.