Description

BSE announces listing of new debt securities (INE572J07760) issued by Spandana Sphoorty Financial Limited on private placement basis, effective October 27, 2025.

Summary

BSE has listed new debt securities issued by Spandana Sphoorty Financial Limited on private placement basis, effective October 27, 2025. The securities are rated IND BBB+/Negative by India Ratings and will trade in dematerialized form only on the BSE Debt segment with scrip code 977245.

Key Points

  • Issuer: Spandana Sphoorty Financial Limited
  • Scrip Code: 977245
  • Scrip ID: 11SSFL28
  • ISIN: INE572J07760
  • Quantity: 25,000 units
  • Face Value: Rs. 100,000 per unit
  • Issue Price: Rs. 100,000 per unit
  • Interest Rate: 11% per annum (paid monthly)
  • Allotment Date: October 24, 2025
  • Redemption Date: April 30, 2028
  • Credit Rating: IND BBB+/Negative
  • Market Lot: 1
  • Tick Size: 1 paise
  • Put/Call Options: As per Key Information Document (KID)

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 INE572J07760
  • Trading 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

  • Allotment Date: October 24, 2025
  • Listing Date: October 27, 2025
  • Interest Payment: Monthly
  • Maturity/Redemption Date: April 30, 2028

Impact Assessment

Market Impact: Low - This is a routine debt security listing on private placement basis with limited market-wide implications.

Investor Impact: Relevant for debt market investors and institutional participants interested in NBFC sector exposure. The BBB+ rating with negative outlook indicates moderate credit quality with some concerns.

Operational Impact: Trading members need to update their systems to include the new scrip for trading on the debt segment. The monthly interest payment structure provides regular income for investors.

Impact Justification

Routine listing announcement for private placement debt securities with limited market-wide impact, relevant primarily to debt market participants and investors in Spandana Sphoorty Financial Limited