Description

BSE announces listing of new privately placed debt securities (7.3% Non-Convertible Debentures) of Mahindra Rural Housing Finance Limited worth Rs. 200 crores with maturity on September 26, 2028.

Summary

BSE has listed new debt securities issued by Mahindra Rural Housing Finance Limited (MRHFL) on a private placement basis, effective November 3, 2025. The securities are 7.3% per annum Non-Convertible Debentures with a face value of Rs. 1,00,000 each, totaling 20,000 units (Rs. 200 crores). The debentures carry a CRISIL AAA/Stable rating and mature on September 26, 2028.

Key Points

  • Issuer: Mahindra Rural Housing Finance Limited
  • Scrip Code: 977264
  • Scrip ID: 73MRHF28
  • ISIN: INE950O07529
  • Security Name: MRHFL-7.3%-26-9-28-PVT
  • Quantity Issued: 20,000 units
  • Face Value: Rs. 1,00,000 per unit
  • Issue Price: Rs. 1,00,000 per unit (at par)
  • Total Issue Size: Rs. 200 crores
  • Interest Rate: 7.3% per annum
  • Credit Rating: CRISIL AAA/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Date of Allotment: October 31, 2025
  • Maturity Date: September 26, 2028
  • Interest Payment: Annually from October 31, 2025 to September 26, 2028
  • Put/Call Option: Not Available
  • Trading Mode: Demat only

Regulatory Changes

No regulatory changes introduced. 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 INE950O07529
  • Members must use the designated tick size of 1 paise for trading
  • For further details, members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • Clarifications can be obtained from BSE debt department at phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 31, 2025
  • Listing Date: November 3, 2025
  • First Interest Payment: October 31, 2026 (approximately)
  • Redemption Date: September 26, 2028

Impact Assessment

Market Impact: Low - This is a routine private placement listing that adds liquidity to the debt segment for MRHFL securities. The high credit rating (CRISIL AAA/Stable) indicates minimal credit risk.

Operational Impact: Minimal - Only affects trading members dealing in debt securities. Standard listing process with demat-only trading requirement.

Investor Impact: Provides institutional and eligible investors access to highly-rated debt instruments from Mahindra Rural Housing Finance Limited with a fixed 7.3% annual return over approximately 3-year tenure.

Impact Justification

Routine debt security listing with limited market-wide impact. Affects only debt segment participants trading in MRHFL securities.