Description

BSE announces listing of new debt securities (INE202B07JP8) issued by Piramal Finance Limited on private placement basis, effective December 3, 2025.

Summary

BSE has listed new debt securities issued by Piramal Finance Limited on private placement basis, effective December 3, 2025. The securities comprise 19,723 non-convertible debentures with a face value of Rs. 1,00,000 each, carrying a 9.30% p.a. interest rate and maturing on May 7, 2027. The securities are rated CARE AA/Stable and will trade exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Scrip Code: 976680, Scrip ID: 930PFL27A
  • ISIN: INE202B07JP8 (Further listings under same ISIN)
  • Quantity: 19,723 debentures
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,06,704.13
  • Date of Allotment: December 2, 2025
  • Interest Rate: 9.30% per annum (paid annually)
  • Credit Rating: CARE AA/Stable
  • Market Lot: 1
  • Tick Size: 1 paise
  • 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 INE202B07JP8
  • Trading restricted to BSE Debt segment
  • Members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 2, 2025
  • Listing Date: December 3, 2025
  • Interest Payment Dates: Annually from May 7, 2026 to May 7, 2027
  • Redemption Date: May 7, 2027

Impact Assessment

Market Impact: Minimal. This is a routine private placement listing with no impact on secondary market trading or retail investors. The securities are institutional-grade debt instruments.

Operational Impact: Trading members can now trade these debentures on the BSE Debt segment. The high face value (Rs. 1 lakh) indicates these are targeted at institutional investors.

Investor Impact: Limited to institutional investors and high-net-worth individuals who participated in the private placement. The CARE AA/Stable rating indicates strong creditworthiness with adequate safety for timely servicing of debt obligations.

Impact Justification

Routine debt security listing notice for private placement. Limited market-wide impact as these are privately placed securities with restricted trading.