Description
SK Finance Limited has listed new debt securities worth Rs. 445 crore on BSE Debt segment with 9.21% interest rate and maturity in 2030.
Summary
SK Finance Limited has listed new debt securities on BSE’s Debt segment effective November 26, 2025. The securities were issued on a private placement basis and are rated IND AA-/Positive. The issue comprises 44,500 securities with a face value of Rs. 1,00,000 each, totaling Rs. 445 crore, carrying an interest rate of 9.21% per annum with a maturity date of November 25, 2030.
Key Points
- Quantity: 44,500 securities
- Face Value: Rs. 1,00,000 per security
- Total Issue Size: Rs. 445 crore
- Interest Rate: 9.21% per annum
- Credit Rating: IND AA-/Positive
- Scrip Code: 977313
- Scrip ID: 921SKFL30
- ISIN: INE124N07788
- Market Lot: 1
- Tick Size: 1 paise
- Trading: Dematerialized form only
- Date of Allotment: November 25, 2025
- Put/Call Option: Not Applicable
Regulatory Changes
No regulatory changes. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE124N07788
- Minimum tick size of 1 paise must be observed
- Trading members should refer to the Placement Memorandum available on BSE website for complete details
- For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: November 25, 2025
- Listing Date: November 26, 2025
- Interest Payment Dates: Annually from November 25, 2026 to November 25, 2030
- Redemption Date: November 25, 2030
Impact Assessment
Market Impact: Minimal. This is a routine debt listing on private placement basis with no direct impact on equity markets or broader trading operations.
Operational Impact: Trading members dealing in debt securities can now trade these instruments. The securities are available exclusively in demat form, ensuring standard settlement procedures.
Investor Impact: Relevant for institutional and high-net-worth investors in debt markets seeking AA-rated instruments with a 5-year tenor and fixed 9.21% annual returns. The high face value (Rs. 1 lakh) limits accessibility to retail investors.
Impact Justification
Routine listing of privately placed debt securities with no broad market impact, relevant primarily to debt investors and the issuing company.