Description

BSE announces listing of 2000 Commercial Papers of Rs. 5 lakh each issued by Motilal Oswal Financial Services Limited on private placement basis, with redemption date of May 27, 2026.

Summary

BSE has listed and admitted to trading new Commercial Papers issued by Motilal Oswal Financial Services Limited on private placement basis, effective November 18, 2025. The issuance consists of 2000 Commercial Papers with a face value of Rs. 5,00,000 each, issued at a discount with an issue price of Rs. 4,81,579. The instruments are rated ICRA A1+ and IND A1+ and will be redeemed on May 27, 2026.

Key Points

  • Issuer: Motilal Oswal Financial Services Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 2000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,81,579 per unit
  • Scrip Code: 729763
  • Scrip ID: MOFSL2725A
  • Detail Name: MOFSL-27-05-26-CP
  • ISIN: INE338I14KP9 (Further listing under same ISIN)
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1
  • Issuing and Paying Agent: HDFC Bank Ltd
  • Trading: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE338I14KP9
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only

Important Dates

  • Notice Date: November 18, 2025
  • Allotment Date: November 17, 2025
  • Listing Date: November 18, 2025
  • Redemption Date: May 27, 2026

Impact Assessment

This is a routine listing notice with minimal market impact. It provides additional short-term debt instruments for institutional investors and trading members in the debt segment. The high credit ratings (A1+) indicate low credit risk. The issuance expands liquidity options in the commercial paper market but does not affect equity markets or broader market operations. Impact is limited to debt market participants interested in short-duration instruments from financial services companies.

Impact Justification

Routine listing notice for commercial paper issuance by a financial services company; impacts only debt market participants and investors in the specific instrument.