Description

BSE announces listing of 5000 debt securities (INE884Q07814) issued by Midland Microfin Limited on private placement basis, with 10.75% p.a. interest rate and maturity date of November 27, 2027.

Summary

BSE has listed new debt securities issued by Midland Microfin Limited on private placement basis, effective November 28, 2025. The securities will trade exclusively in dematerialized form on the BSE Debt segment with scrip code 977325.

Key Points

  • Quantity: 5,000 securities with face value of Rs. 1,00,000 each
  • Scrip Code: 977325 (Detail Name: MML-10.75%-27-11-27-PVT)
  • ISIN: INE884Q07814
  • Credit Rating: ACUITE A-
  • Interest Rate: 10.75% per annum (monthly payment)
  • Date of Allotment: November 27, 2025
  • Maturity Date: November 27, 2027 (2-year tenure)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • No Put/Call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE884Q07814
  • 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
  • Interest Payment: Monthly
  • Redemption Date: November 27, 2027
  • Notice Date: November 28, 2025

Impact Assessment

This is a routine debt market listing with minimal broader market impact. The listing adds Rs. 50 crore (5,000 × Rs. 1,00,000) worth of debt securities to BSE’s debt segment. Impact is limited to:

  • Debt market participants and institutional investors interested in NBFC-MFI paper
  • Investors seeking exposure to microfinance sector debt with A- rating
  • Monthly interest payment structure provides regular income opportunity
  • The securities offer fixed income investment with moderate credit risk (A- rating)

No impact on equity markets or trading members outside debt segment operations.

Impact Justification

Routine debt securities listing announcement with limited market-wide impact, relevant primarily to debt market participants and investors in Midland Microfin securities