Description
BSE announces listing of 500 secured non-convertible debentures of Achiievers Finance India Limited with 14.4% interest rate, maturing on May 31, 2027.
Summary
BSE has listed new debt securities issued by Achiievers Finance India Limited on private placement basis, effective November 24, 2025. The securities comprise 500 non-convertible debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 14.4% per annum with monthly interest payments.
Key Points
- 500 debentures listed on BSE Debt segment
- Scrip Code: 977310, Scrip ID: 144AFIL27
- ISIN: INE065507BM2
- Face Value: Rs. 1,00,000 per debenture
- Market Lot: 1
- Credit Rating: IVR BBB-/Stable by Infomerics Valuation and Rating
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE065507BM2
- 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
- Date of Allotment: November 19, 2025
- Listing Date: November 24, 2025
- Interest Payment Period: Monthly from November 30, 2025 to May 31, 2027
- Date of Redemption: May 31, 2027
Impact Assessment
Market Impact: Minimal. This is a routine listing of privately placed debt securities with no put/call options. The securities are issued by a non-banking finance company with a moderate credit rating (BBB-/Stable).
Operational Impact: Trading members can now trade these debentures on the BSE Debt segment. The relatively small issue size (500 debentures) and private placement nature suggest limited liquidity and trading activity.
Investor Impact: These securities offer a high coupon rate of 14.4% with monthly interest payments, suitable for investors seeking regular income with moderate credit risk tolerance.
Impact Justification
Routine listing announcement for privately placed debt securities of a non-banking finance company with limited market-wide impact