Description

BSE announces listing of ₹250 crore (25,000 securities of ₹1 lakh face value) 7.45% p.a. debt securities by Mahindra Rural Housing Finance Limited with maturity date November 21, 2030.

Summary

BSE has listed new debt securities of Mahindra Rural Housing Finance Limited (MRHFL) issued on private placement basis, effective November 24, 2025. The securities comprise 25,000 debentures with a face value of ₹1,00,000 each, carrying an interest rate of 7.45% per annum. The securities are rated AAA/Stable by both CARE and CRISIL, and will be traded exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Quantity: 25,000 securities (total value: ₹250 crore)
  • Scrip Code: 977308
  • Scrip ID: 745MRHFL30
  • ISIN: INE950O07537
  • Face Value: ₹1,00,000 per security
  • Interest Rate: 7.45% per annum (paid annually)
  • Credit Rating: CARE AAA/Stable, CRISIL AAA/Stable
  • Market Lot: 1 security
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Put/Call Option: Not applicable

Regulatory Changes

No regulatory changes. This is a standard listing announcement.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE950O07537
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 21, 2025
  • Listing Date: November 24, 2025
  • Interest Payment Dates: Annually from November 21, 2026 to November 21, 2030
  • Redemption Date: November 21, 2030

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing that affects only the debt segment of BSE. The securities are institutional grade with AAA ratings from both major rating agencies.

Investor Impact: Relevant only to institutional investors and high-net-worth individuals participating in the debt market. The high face value (₹1 lakh) and private placement nature limit retail participation.

Operational Impact: None for equity market participants. Debt market trading members have new securities available for trading with standard operational parameters (demat-only trading, 1 paise tick size).

Impact Justification

Routine debt security listing announcement on private placement basis. No impact on equity markets or trading rules. Informational for debt market participants only.