Description

BSE announces listing of new privately placed debt securities of Grand Hills Developments Private Limited with two series maturing in 2028 and 2029.

Summary

BSE has listed new debt securities of Grand Hills Developments Private Limited issued on private placement basis, effective November 11, 2025. Two series of reset rate debentures have been listed with face value of Rs. 100,000 each, carrying interest rate of 9.90% p.a. with monthly interest payments.

Key Points

  • Two series of debt securities listed on BSE Debt segment
  • Series 1 (ISIN: INE0DWX08023): 20,000 debentures maturing October 31, 2028
  • Series 2 (ISIN: INE0DWX08015): 16,000 debentures maturing October 31, 2029
  • Face value and issue price: Rs. 100,000 per debenture
  • Interest rate: 9.90% p.a. (reset rate)
  • Interest payment frequency: Monthly
  • Credit rating: IND BBB+/Stable
  • Date of allotment: November 7, 2025
  • Market lot: 1 debenture
  • Tick size: 1 paise
  • Trading only in dematerialized form
  • No put/call options available

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members should refer to the Placement Memorandum available on BSE website for detailed information
  • For clarifications, members may contact BSE debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Date of Allotment: November 7, 2025
  • Listing Date: November 11, 2025
  • Redemption Date (Series 1): October 31, 2028
  • Redemption Date (Series 2): October 31, 2029
  • Interest Payment: Monthly for both series

Impact Assessment

This is a routine debt listing notice with minimal market impact. The private placement of debentures by Grand Hills Developments Private Limited adds two new debt instruments to the BSE Debt segment. With a BBB+ credit rating and 9.90% interest rate, these securities target institutional investors in the private debt market. The listing does not affect equity markets or require action from retail investors. Impact is limited to debt market participants and the issuing company’s stakeholders.

Impact Justification

Routine listing of privately placed debt securities with limited market-wide impact