Description

BSE announces listing of 25,000 new debt securities of Shriram Finance Limited with 9.15% interest rate, maturing on January 19, 2029, effective November 25, 2025.

Summary

BSE has listed new debt securities of Shriram Finance Limited issued on private placement basis, effective November 25, 2025. The securities are listed on the BSE Debt segment with scrip code 975339 and will trade only in dematerialized form under ISIN INE721A07RY4.

Key Points

  • Quantity: 25,000 securities
  • Scrip Code: 975339
  • Scrip ID: 915SFL29
  • ISIN: INE721A07RY4 (further listings under same ISIN)
  • Face Value: Rs. 100,000 per security
  • Issue Price: Rs. 112,171.90
  • Credit Rating: CRISIL AA+/Stable, IND AA+/Stable
  • Interest Rate: 9.15% per annum (paid annually)
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading: Dematerialized form only

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly issued debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities must be traded using the specified ISIN number INE721A07RY4
  • Tick size of 1 paise must be observed for trading
  • Members can refer to the Placement Memorandum on BSE website for detailed information
  • For clarifications, contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 24, 2025
  • Listing Date: November 25, 2025
  • Interest Payment Dates: Annually from January 19, 2025 to January 19, 2029
  • Redemption Date: January 19, 2029

Impact Assessment

This is a routine debt security listing with minimal market impact. The securities are issued on private placement basis and are rated AA+ by both CRISIL and India Ratings, indicating high credit quality. The listing expands investment options for institutional investors in the debt segment but has no direct impact on equity markets or retail investors. The high face value (Rs. 1 lakh per security) indicates these are targeted at institutional investors.

Impact Justification

Routine debt security listing for institutional trading; limited impact on general market participants