Description
BSE lists 21,000 units of Commercial Paper issued by Bajaj Finance Limited on private placement basis with redemption dates of December 30, 2025 and January 19, 2026.
Summary
BSE has listed new Commercial Paper securities issued by Bajaj Finance Limited on private placement basis. Two series of Commercial Papers totaling 21,000 units (face value Rs. 5 lakhs each) are now admitted to trading on the BSE Debt segment effective October 23, 2025. Both series carry CRISIL A1+ and ICRA A1+ credit ratings, with ICICI Bank Limited serving as the Issuing and Paying Agent.
Key Points
- Series 1 (BFL-30-12-25-CP): 16,000 units with Scrip Code 730425, ISIN INE296A14C97, issued at Rs. 493,947, maturing December 30, 2025
- Series 2 (BFL-19-1-26-CP): 5,000 units with Scrip Code 730426, ISIN INE296A14D05, issued at Rs. 492,099, maturing January 19, 2026
- Both series have face value and paid-up value of Rs. 5,00,000 per unit
- Credit rating: CRISIL A1+ and ICRA A1+ for both series
- Allotment date: October 20, 2025
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: October 20, 2025
- Listing Date: October 23, 2025
- Redemption Date (Series 1): December 30, 2025
- Redemption Date (Series 2): January 19, 2026
Impact Assessment
Market Impact: Minimal. This is a routine listing of short-term debt instruments (Commercial Paper) with maturity periods of approximately 2-3 months. The listing provides additional liquidity options for institutional investors in the debt segment.
Operational Impact: Limited to debt segment trading members who may now trade these instruments. No changes to trading infrastructure or procedures required beyond standard debt segment protocols.
Investor Impact: Provides institutional investors access to highly-rated (A1+) short-term debt instruments from Bajaj Finance Limited through the secondary market on BSE’s debt platform.
Impact Justification
Routine listing of Commercial Paper on debt segment. Standard short-term debt instrument listing with no regulatory changes or broad market impact.