Description

BSE announces listing of new debt securities issued by Navi Finserv Limited on private placement basis, effective October 16, 2025.

Summary

BSE has listed new debt securities issued by Navi Finserv Limited on private placement basis, effective October 16, 2025. Two series of non-convertible debentures with CRISIL A/STABLE rating are now available for trading on the BSE Debt segment in dematerialized form only.

Key Points

  • Two new debt securities of Navi Finserv Limited listed on BSE Debt segment
  • Security 1: INE342T07635 - 90,000 units at 10.30% p.a. interest, maturing September 30, 2027
  • Security 2: INE342T07601 - 100,000 units at 10.75% p.a. interest, maturing August 19, 2028
  • Both securities allotted on October 14, 2025
  • Face value and issue price: Rs. 10,000 per unit for both securities
  • Credit rating: CRISIL A/STABLE for both series
  • Interest payment frequency: Monthly for both securities
  • Market lot size: 1 unit for both securities
  • Trading only in dematerialized form
  • Tick size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • 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 the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 14, 2025
  • Listing Date: October 16, 2025
  • Redemption Date (Series 1): September 30, 2027
  • Redemption Date (Series 2): August 19, 2028

Impact Assessment

This is a routine listing announcement with minimal market impact. The listing of private placement debt securities provides additional fixed-income investment options for institutional and qualified investors. The monthly interest payment structure and CRISIL A/STABLE rating indicate moderate credit quality. The announcement affects only debt market participants and investors specifically interested in Navi Finserv Limited’s debt instruments.

Impact Justification

Routine listing announcement for debt securities of a single company on private placement basis with no broader market implications