Description

BSE announces listing of new debt securities worth Rs. 370.40 crore issued by POWER GRID CORPORATION OF INDIA LIMITED on private placement basis with 7.02% interest rate and maturity in 2035.

Summary

BSE has listed and admitted new debt securities of POWER GRID CORPORATION OF INDIA LIMITED to trading on the BSE Debt segment effective December 12, 2025. The securities were issued on a private placement basis with a total quantity of 370,400 units at Rs. 100,000 face value each, carrying a 7.02% annual interest rate with maturity on December 12, 2035.

Key Points

  • Scrip Code: 977364, Scrip ID: 702PGCIL35
  • ISIN: INE752E08809
  • Total issue size: 370,400 units (Rs. 370.40 crore)
  • Face Value and Issue Price: Rs. 100,000 per unit
  • Market Lot: 1 unit
  • Credit Rating: CARE AAA/Stable, CRISIL AAA/Stable, ICRA AAA/Stable
  • Interest Rate: 7.02% per annum (annual payment)
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE752E08809
  • Securities must be traded with tick size of 1 paise
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
  • Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Date of Allotment: December 12, 2025
  • Listing Date: December 12, 2025
  • First Interest Payment: December 12, 2026
  • Subsequent Interest Payments: Annually on December 12 (2027-2035)
  • Maturity/Redemption Date: December 12, 2035

Impact Assessment

This is a routine debt securities listing with minimal market impact. The securities carry triple-A ratings from all three major rating agencies (CARE, CRISIL, ICRA), indicating highest safety. The listing provides institutional investors and debt market participants an additional AAA-rated investment avenue. No put/call options are attached. This listing does not affect equity markets or POWERGRID’s equity shares trading.

Impact Justification

Routine debt securities listing announcement with no impact on equity trading or regulatory changes. Informational notice for debt market participants only.