Description

BSE announces listing of 25,000 treasury bills issued by Lodha Developers Limited on private placement basis, with CRISIL AA/Stable rating and 2.45% p.a. interest rate.

Summary

BSE has listed new debt securities issued by Lodha Developers Limited on private placement basis, effective November 14, 2025. The securities consist of 25,000 treasury bills with a face value of Rs. 100,000 each, carrying a CRISIL AA/Stable credit rating and offering 2.45% p.a. interest rate payable quarterly.

Key Points

  • Quantity: 25,000 treasury bills
  • Scrip Code: 977293
  • Scrip ID: LDL131125
  • Detail Name: LDL-TBILLS-13-11-28-PVT
  • ISIN: INE670K07349
  • Face Value: Rs. 100,000 per unit
  • Issue Price: Rs. 100,000
  • Credit Rating: CRISIL AA/Stable
  • Interest Rate: 2.45% per annum
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Allotment Date: November 13, 2025
  • Redemption Date: November 13, 2028
  • Put/Call Option: Not Available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE670K07349
  • Securities will be traded on BSE Debt segment only
  • 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: November 13, 2025
  • Listing Date: November 14, 2025
  • Interest Payment: Quarterly from September 30, 2026 to November 13, 2028
  • Maturity/Redemption Date: November 13, 2028

Impact Assessment

Market Impact: Low. This is a routine debt security listing for institutional investors through private placement. The securities are available only in dematerialized form on the debt segment with limited retail participation expected.

Operational Impact: Minimal. Trading members need to note the ISIN and scrip details for trading purposes. Standard debt trading procedures apply with 1 paise tick size and market lot of 1 unit.

Investment Considerations: The CRISIL AA/Stable rating indicates high degree of safety regarding timely servicing of financial obligations. The 2.45% p.a. interest rate with quarterly payments provides predictable income stream over the 3-year tenure till November 2028.

Impact Justification

Routine debt security listing announcement for private placement. Limited market-wide impact as securities are traded only in dematerialized form on debt segment.