Description

BSE announces 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 a private placement basis, effective December 17, 2025. Both securities carry AAA ratings from CRISIL and ICRA, with one having a fixed interest rate of 6.98% p.a. and the other having a floating rate. The securities will be traded only in dematerialized form on the BSE Debt segment.

Key Points

  • Two new debt securities of Nexus Select Trust listed on BSE Debt segment
  • Security 1 (Scrip Code 977372): 50,000 units at face value Rs. 100,000, fixed rate 6.98% p.a.
  • Security 2 (Scrip Code 977376): 20,000 units at face value Rs. 100,000, floating rate
  • Both securities rated CRISIL AAA/STABLE and ICRA AAA/STABLE
  • Date of allotment: December 15, 2025
  • Both securities mature in December 2035 (10-year tenure)
  • Quarterly interest payment schedule starting March 31, 2026
  • Trading permitted only in dematerialized form
  • Tick size: 1 paise
  • Market lot: 1 unit for both securities

Security Details

Security 1 - NST-Rest Rate-14-12-35-PVT

  • Scrip Code: 977372
  • Scrip ID: 698NST35
  • ISIN: INE0NDH07068
  • Quantity: 50,000 units
  • Face/Paid-up/Issue Value: Rs. 100,000
  • 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 - NSL-Reset Rate-13-12-35-PVT

  • Scrip Code: 977376
  • Scrip ID: NSL151225
  • ISIN: INE0NDH07076
  • Quantity: 20,000 units
  • Face/Paid-up/Issue Value: Rs. 100,000
  • 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. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 17, 2025
  • Listing Effective Date: December 17, 2025
  • Date of Allotment: December 15, 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 listing announcement for private placement debt securities with minimal market impact. The listing affects only specialized debt market participants and institutional investors involved in private placements. The AAA rating indicates high credit quality. There is no impact on equity markets or general retail investors. Trading members dealing in debt securities should note the new scrip codes and trading parameters.

Impact Justification

Routine listing announcement for private placement debt securities with no impact on equity markets or general trading members