Description

Two new Commercial Paper securities of Navi Finserv Limited listed on BSE Debt segment with effect from October 27, 2025.

Summary

BSE has listed two new Commercial Paper securities issued by Navi Finserv Limited on private placement basis, effective October 27, 2025. The first security (200 units) has a redemption date of March 27, 2026, while the second security (714 units) matures on January 22, 2026. Both securities carry an IND A1+ credit rating and will be traded in dematerialized form only.

Key Points

  • Two Commercial Paper securities of Navi Finserv Limited admitted to dealings on BSE Debt segment
  • Face value and paid-up value: Rs. 5,00,000 per unit for both securities
  • First security: 200 units, Scrip Code 730437, ISIN INE342T14ET3, issue price Rs. 480,244, redemption March 27, 2026
  • Second security: 714 units, Scrip Code 730438, ISIN INE342T14ES5, issue price Rs. 488,555.50, redemption January 22, 2026
  • Both securities allotted on October 24, 2025
  • HDFC Bank Limited serves as Issuing and Paying Agent for both instruments
  • Credit rating: IND A1+ for both securities
  • Trading only in dematerialized form with standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: October 27, 2025
  • Listing Effective Date: October 27, 2025
  • Allotment Date: October 24, 2025
  • First Security Redemption Date: March 27, 2026
  • Second Security Redemption Date: January 22, 2026

Impact Assessment

This circular has minimal market impact as it pertains to routine listing of debt securities on private placement basis. The listing provides additional short-term debt instruments for institutional investors in the debt market segment. Trading members of BSE can now facilitate trades in these Commercial Paper securities. The impact is limited to debt market participants and does not affect equity trading or broader market operations.

Impact Justification

Routine listing of commercial paper securities on private placement basis with no impact on equity markets or regulatory framework.