Description

BSE announces listing of two series of debt securities issued by Gawar Waranga Highways Private Limited on private placement basis, totaling 62,500 debentures with face value of Rs. 1,00,000 each.

Summary

BSE announces the listing and admission to dealings of new debt securities issued by Gawar Waranga Highways Private Limited on private placement basis, effective October 31, 2025. Two series of debentures have been listed: 55,000 units at 7.53% p.a. interest rate and 7,500 units at 7.7% p.a. interest rate, both maturing on June 30, 2039. The securities carry CARE AA+/Stable credit rating and have a face value of Rs. 1,00,000 each.

Key Points

  • Two series of debt securities listed on BSE Debt segment
  • Series 1: 55,000 debentures (Scrip Code: 977257, ISIN: INE0Q3B07019) with 7.53% p.a. interest
  • Series 2: 7,500 debentures (Scrip Code: 977258, ISIN: INE0Q3B07027) with 7.7% p.a. interest
  • Both series have face value and issue price of Rs. 1,00,000 per debenture
  • Credit rating: CARE AA+/Stable for both series
  • Market lot size: 1 unit
  • Tick size: 1 paise
  • Interest payment: Half-yearly (first payment December 31, 2025)
  • Securities will trade only in dematerialized form
  • Date of allotment: October 30, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form under specified ISIN numbers
  • Trading members should refer to Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Trading members requiring clarification should contact BSE debt department on specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 30, 2025
  • Listing Effective Date: October 31, 2025
  • First Interest Payment: December 31, 2025
  • Interest Payment Frequency: Half-yearly (every June 30 and December 31)
  • Final Interest Payment and Redemption: June 30, 2039

Impact Assessment

Market Impact: Low - This is a routine private placement listing with no call or put options. The listing adds approximately Rs. 625 crore (62,500 units × Rs. 1,00,000) of debt securities to the BSE Debt segment.

Operational Impact: Minimal - Standard debt security listing with no special trading conditions. Trading members can trade these securities using existing BSE Debt segment infrastructure.

Investor Impact: Limited to institutional and qualified investors who participated in the private placement. The securities carry investment-grade rating (CARE AA+/Stable), indicating low credit risk. Long tenure (approximately 14 years) makes these suitable for long-term debt investors seeking stable returns in the 7.5-7.7% range.

Impact Justification

Routine debt security listing announcement for private placement debentures with limited market-wide impact, affecting only debt segment participants