Description

Power Grid Corporation of India Limited has listed new debt securities worth ₹3,704 crore on BSE Debt segment through private placement with 7.02% annual interest rate and maturity in 2035.

Summary

Power Grid Corporation of India Limited has listed new debt securities on the BSE Debt segment effective December 12, 2025. The securities were issued on a private placement basis with a total quantity of 3,70,400 units at face value of ₹1,00,000 per unit. The debentures carry an annual interest rate of 7.02% and will mature on December 12, 2035. The securities have received AAA ratings from CARE, CRISIL, and ICRA.

Key Points

  • Issuer: Power Grid Corporation of India Limited
  • Quantity: 3,70,400 units (₹3,704 crore)
  • Face Value: ₹1,00,000 per unit
  • Scrip Code: 977364
  • Scrip ID: 702PGCIL35
  • ISIN: INE752E08809
  • Interest Rate: 7.02% per annum
  • Credit Ratings: CARE AAA/Stable, CRISIL AAA/Stable, ICRA AAA/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Put/Call Option: Not Applicable

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE752E08809
  • 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

  • Date of Allotment: December 12, 2025
  • Listing Date: December 12, 2025
  • Interest Payment: Annually from December 12, 2026 to December 12, 2035
  • Maturity Date: December 12, 2035

Impact Assessment

This is a routine debt securities listing with minimal market impact. The listing provides institutional investors and qualified buyers access to AAA-rated long-tenure debt instruments from a major PSU. The securities are restricted to dematerialized trading on BSE’s debt segment and do not affect equity markets or retail investors. No operational changes required for equity market participants.

Impact Justification

Routine debt securities listing by a PSU. No impact on equity trading or new regulatory requirements for market participants.