Description

BSE announces listing of 11,500 non-convertible debentures of Vishal Papertech (India) Ltd. with 18% interest rate, maturing on April 27, 2029.

Summary

BSE has listed new debt securities issued by Vishal Papertech (India) Ltd. on private placement basis, effective October 29, 2025. The company has issued 11,500 non-convertible debentures with a face value of Rs. 100,000 each, carrying an 18% per annum interest rate with monthly interest payments. The securities are rated ACUITE C and will mature on April 27, 2029.

Key Points

  • Quantity issued: 11,500 debentures
  • Face value: Rs. 100,000 per debenture
  • Issue price: Rs. 100,000 per debenture
  • Scrip Code: 977251
  • Scrip ID: 18VPIL29
  • ISIN: INE508P07019
  • Interest rate: 18% per annum (reset rate)
  • Interest payment frequency: Monthly
  • Credit rating: ACUITE C
  • Market lot: 1 unit
  • Trading mode: Dematerialised form only
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialised form under ISIN INE508P07019
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of allotment: October 27, 2025
  • Listing date: October 29, 2025
  • Interest payment: Monthly
  • Maturity/Redemption date: April 27, 2029

Impact Assessment

This is a routine debt listing with minimal market impact. The securities are privately placed debentures of Vishal Papertech (India) Ltd. with a low credit rating (ACUITE C), indicating higher credit risk. The high interest rate of 18% reflects the company’s credit profile. Impact is limited to debt market participants and investors specifically interested in high-yield debt instruments. No put/call options are available on these securities.

Impact Justification

Routine listing of debt securities on private placement basis for a single company with limited market-wide impact