Description

Power Finance Corporation Ltd's 7.08% non-convertible debentures maturing on 27/11/2035 with face value of Rs. 1,00,000 listed on BSE Debt segment.

Summary

BSE has listed new debt securities issued by Power Finance Corporation Ltd on a private placement basis, effective November 28, 2025. The securities are 7.08% per annum non-convertible debentures with a 10-year tenure, maturing on November 27, 2035. The issue comprises 3,00,000 debentures with a face value of Rs. 1,00,000 each, carrying AAA ratings from CARE, CRISIL, and ICRA.

Key Points

  • Scrip Code: 977321
  • Scrip ID: 708PFCL35
  • ISIN: INE134E08NY9
  • Quantity: 3,00,000 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 (at par)
  • Credit Ratings: CARE AAA, CRISIL AAA, ICRA AAA
  • Interest Rate: 7.08% per annum (paid annually)
  • Market Lot: 1 debenture
  • Allotment Date: November 27, 2025
  • Maturity Date: November 27, 2035
  • Put/Call Option: Not Available
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

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 INE134E08NY9
  • 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

  • Allotment Date: November 27, 2025
  • Listing Date: November 28, 2025
  • First Interest Payment: November 27, 2026
  • Subsequent Interest Payments: Annually on November 27 until 2035
  • Redemption Date: November 27, 2035

Impact Assessment

This is a routine debt listing with minimal market impact. The securities are privately placed and will trade on the BSE Debt segment. The AAA ratings from all three major rating agencies (CARE, CRISIL, ICRA) indicate highest credit quality. Trading members dealing in debt securities should note the new scrip for client portfolios, but there is no impact on equity markets or general trading operations.

Impact Justification

Routine debt listing notification for privately placed securities with no impact on equity trading or broad market operations