Description

Greaves Finance Limited's new debt securities (INE1QWF07030) with 10.50% p.a. interest rate listed on BSE Debt segment, maturing on October 20, 2027.

Summary

BSE has listed 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% per annum with monthly interest payments. The securities have been assigned a credit rating of IND A-/Stable and will mature on October 20, 2027.

Key Points

  • Issuer: Greaves Finance Limited
  • Scrip Code: 977225
  • Scrip ID: 1050GFL027
  • ISIN: INE1QWF07030
  • Issue Size: 2,500 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 (at par)
  • Interest Rate: 10.50% per annum
  • Interest Payment: Monthly from November 20, 2025 to October 20, 2027
  • Credit Rating: IND A-/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Put/Call Option: Not Available

Regulatory Changes

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

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 complete 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
  • First Interest Payment: November 20, 2025
  • Maturity/Redemption Date: October 20, 2027
  • Interest Payment Frequency: Monthly (20th of each month)

Impact Assessment

Market Impact: Minimal. This is a routine private placement listing in the debt segment affecting only participants in the debt market.

Investor Impact: Provides debt market participants with an additional fixed-income investment option rated IND A-/Stable with a 10.50% annual return and monthly interest payments.

Operational Impact: Trading members dealing in debt securities need to update their systems to accommodate the new scrip code and ISIN for trading purposes.

Impact Justification

Routine debt security listing notification for privately placed debentures. Limited market-wide impact as it affects only debt segment trading members and specific investors in this issuance.