Description

BSE announces the listing of two new debt securities issued by Nexus Select Trust on private placement basis, effective December 17, 2025.

Summary

BSE has listed two new debt securities issued by Nexus Select Trust on private placement basis, effective December 17, 2025. The first security (Scrip Code 977372) has a quantity of 50,000 units with a fixed interest rate of 6.98% p.a., while the second security (Scrip Code 977376) has 20,000 units with a floating interest rate. Both securities are rated CRISIL AAA/STABLE and ICRA AAA/STABLE.

Key Points

  • Two new debt securities listed on BSE Debt segment
  • Both securities issued by Nexus Select Trust on private placement basis
  • Date of allotment: December 15, 2025
  • Effective listing date: December 17, 2025
  • Face value and paid-up value: Rs. 100,000 per unit for both securities
  • Trading only in dematerialized form
  • Tick size: 1 paise
  • Credit rating: CRISIL AAA/STABLE, ICRA AAA/STABLE for both securities

Security Details

Security 1:

  • Scrip Code: 977372 (NST-Rest Rate-14-12-35-PVT)
  • ISIN: INE0NDH07068
  • Quantity: 50,000 units
  • Interest Rate: 6.98% p.a. (fixed)
  • Interest Payment: Quarterly from March 31, 2026 to December 14, 2035
  • Redemption Date: December 14, 2035
  • Put/Call Option: NA

Security 2:

  • Scrip Code: 977376 (NSL-Reset Rate-13-12-35-PVT)
  • ISIN: INE0NDH07076
  • Quantity: 20,000 units
  • Interest Rate: Floating
  • Interest Payment: Quarterly from March 31, 2026 to December 13, 2035
  • Redemption Date: December 13, 2035
  • Put/Call Option: NA

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form under the specified ISIN numbers
  • Market lot size is 1 unit for both securities
  • Tick size for trading is 1 paise
  • Trading members requiring clarification may contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915
  • Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Date of Allotment: December 15, 2025
  • Listing Date: December 17, 2025
  • First Interest Payment: March 31, 2026
  • Redemption Date (Security 1): December 14, 2035
  • Redemption Date (Security 2): December 13, 2035

Impact Assessment

This is a routine debt securities listing with minimal market impact. The listing affects only debt market participants and investors interested in AAA-rated corporate bonds. The securities are issued on private placement basis with relatively small quantities, indicating limited broad market participation. No impact on equity markets or general trading operations.

Impact Justification

Routine listing of debt securities on private placement basis with no impact on equity markets or broad market participants