Description

Northern Arc Capital Ltd has listed two new series of Commercial Paper on BSE Debt segment, totaling 600 units with face value of Rs. 5 lakhs each, maturing in March 2026.

Summary

BSE has listed two new series of Commercial Paper issued by Northern Arc Capital Ltd on a private placement basis. The securities are listed on the BSE Debt segment effective December 17, 2025. Both series have CARE A1+ credit rating and HDFC Bank Limited as the Issuing and Paying Agent.

Key Points

  • Series 1 (NACL-16-3-26-CP): 100 units with ISIN INE850M14CI7, Scrip Code 730787, maturing on March 16, 2026
  • Series 2 (NAC-17-3-26-CP): 500 units with ISIN INE850M14CJ5, Scrip Code 730788, maturing on March 17, 2026
  • Face value: Rs. 5,00,000 per unit for both series
  • Issue prices: Rs. 490,268.50 (Series 1) and Rs. 490,222.50 (Series 2)
  • Allotment date: December 16, 2025
  • Credit rating: CARE A1+ for both series
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot of 1 unit must be maintained
  • Tick size of 1 paise applies to all transactions

Important Dates

  • Allotment Date: December 16, 2025
  • Listing Date: December 17, 2025
  • Redemption Date (Series 1): March 16, 2026
  • Redemption Date (Series 2): March 17, 2026

Impact Assessment

Minimal market impact. This is a routine listing of debt instruments on the BSE Debt segment. The Commercial Paper issuances provide short-term funding to Northern Arc Capital Ltd with approximately 90-day tenure. The CARE A1+ rating indicates adequate safety for debt investors. For debt department queries, trading members can contact BSE at the provided phone numbers (22728352/8597/8995/5753/8915).

Impact Justification

Routine debt instrument listing with no material impact on equity markets or broader trading operations