Description

BSE announces listing of 13,500 debt securities (20% coupon, maturing 2028) issued by Sadbhav Gadag Highway Private Limited on private placement basis, effective December 8, 2025.

Summary

BSE has listed new debt securities of Sadbhav Gadag Highway Private Limited on its Debt segment effective December 8, 2025. The company issued 13,500 secured, redeemable, non-convertible debentures on a private placement basis with a face value of Rs. 1,00,000 each, carrying a 20% annual interest rate and maturing on October 30, 2028.

Key Points

  • Quantity Listed: 13,500 debentures
  • Scrip Code: 977348
  • Scrip ID: 20SGHP28
  • ISIN: INE04AP07032
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 1,00,000 per debenture
  • Credit Rating: ACUITE BB+
  • Interest Rate: 20.00% per annum
  • Interest Payment: Half-yearly from March 31, 2026 to October 30, 2028
  • Date of Allotment: December 4, 2025
  • Maturity Date: October 30, 2028
  • Put/Call Option: Not applicable
  • Market Lot: 1 debenture
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialized form under ISIN INE04AP07032
  • 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: December 4, 2025
  • Listing Date: December 8, 2025
  • First Interest Payment: March 31, 2026
  • Maturity/Redemption Date: October 30, 2028

Impact Assessment

Market Impact: Low - This is a routine listing of privately placed debt securities with no impact on equity markets or broader trading operations.

Investor Impact: Limited to institutional investors and qualified buyers participating in the private placement. The BB+ credit rating indicates below-investment grade status with moderate credit risk.

Operational Impact: None - Standard debt segment listing with demat-only trading requirements already in place for similar securities.

Impact Justification

Routine listing announcement for private placement debt securities of a highway infrastructure company with limited market-wide impact