Description

BSE lists new debt securities of Greaves Finance Limited with scrip code 977225, face value Rs. 1,00,000, 10.50% p.a. interest rate, maturing on October 20, 2027.

Summary

BSE announces the listing and admission to trading of new debt securities issued by Greaves Finance Limited on a private placement basis, effective October 20, 2025. The securities are non-convertible debentures with a face value of Rs. 1,00,000, carrying an interest rate of 10.50% p.a. with monthly interest payments, and a maturity date of October 20, 2027.

Key Points

  • Scrip Code: 977225
  • Scrip ID: 1050GFL027
  • ISIN: INE1QWF07030
  • Quantity: 2,500 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000
  • Interest Rate: 10.50% per annum
  • Credit Rating: IND A-/Stable
  • Market Lot: 1
  • Date of Allotment: October 20, 2025
  • Trading: Only in dematerialized form
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE1QWF07030
  • 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

  • Date of Allotment: October 20, 2025
  • Listing Date: October 20, 2025
  • Interest Payment Dates: Monthly from November 20, 2025 to October 20, 2027
  • Redemption Date: October 20, 2027
  • Put/Call Option: Not Available

Impact Assessment

This is a routine debt security listing with minimal market impact. The securities are issued on a private placement basis with a limited quantity of 2,500 debentures. The listing provides institutional and qualified investors access to rated debt instruments from Greaves Finance Limited. The monthly interest payment structure and 2-year tenure make these suitable for fixed-income portfolios seeking regular cash flows. No impact on equity markets or broader trading operations.

Impact Justification

Routine debt security listing announcement for private placement debentures with limited market-wide impact