Description

BSE announces listing and admission to trading of two series of debt securities issued by Poonawalla Fincorp Limited on private placement basis.

Summary

BSE has listed two series of debt securities issued by Poonawalla Fincorp Limited on private placement basis, effective October 17, 2025. The securities carry CRISIL AAA/Stable ratings and will trade in dematerialized form on the BSE Debt segment.

Key Points

  • Two debt securities series listed: PFL-7.55%-25-3-27-PVT (250,000 units) and PFL-7.53%-24-9-27-PVT (50,000 units)
  • Both securities rated CRISIL AAA/Stable indicating highest safety
  • Face value and paid-up value of Rs. 100,000 per unit for both series
  • Trading only in dematerialized form under respective ISIN numbers
  • Tick size set at 1 paise
  • Market lot size of 1 unit for both securities

Security Details

Series 1 (Scrip Code 977224):

  • ISIN: INE511C07946
  • Interest Rate: 7.55% p.a. (paid annually)
  • Allotment Date: October 15, 2025
  • Interest Payment: March 25, 2026 to March 25, 2027
  • Redemption Date: March 25, 2027
  • Quantity: 250,000 units

Series 2 (Scrip Code 976916):

  • ISIN: INE511C07912
  • Interest Rate: 7.53% p.a. (paid annually)
  • Allotment Date: July 15, 2025
  • Interest Payment: September 24, 2025 to September 24, 2027
  • Redemption Date: September 24, 2027
  • Quantity: 50,000 units

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading must use the specified ISIN numbers (INE511C07946 and INE511C07912)
  • Adherence to tick size of 1 paise required
  • Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Effective Date: October 17, 2025
  • Series 1 Allotment: October 15, 2025
  • Series 2 Allotment: July 15, 2025
  • Series 1 First Interest Payment: March 25, 2026
  • Series 2 First Interest Payment: September 24, 2025
  • Series 1 Redemption: March 25, 2027
  • Series 2 Redemption: September 24, 2027

Impact Assessment

Market Impact: Minimal. This is a routine listing of private placement debt securities primarily affecting institutional investors and debt market participants. The securities do not have put/call options.

Investor Impact: Provides additional fixed-income investment options with high credit quality (AAA rating) and competitive interest rates (7.53-7.55% p.a.) for eligible investors in the debt market.

Operational Impact: Trading members need to configure systems for the new scrip codes and ISIN numbers. The securities will expand the debt market offerings on BSE’s platform.

Impact Justification

Routine listing notification for private placement debt securities affecting only debt market participants and institutional investors