Description

Northern Arc Capital Ltd has listed two series of commercial papers on BSE Debt segment with face value of Rs. 5 lakhs each, maturing in March 2026.

Summary

Northern Arc Capital Ltd has listed two new commercial paper series on BSE Debt segment effective December 17, 2025. Series 1 consists of 100 securities with ISIN INE850M14CI7 (Scrip Code 730787) redeeming on March 16, 2026. Series 2 consists of 500 securities with ISIN INE850M14CJ5 (Scrip Code 730788) redeeming on March 17, 2026. Both series carry CARE A1+ rating with HDFC Bank Limited as issuing and paying agent.

Key Points

  • Two commercial paper series listed on private placement basis
  • Face value and paid-up value: Rs. 5,00,000 per security for both series
  • Series 1 (NACL-16-3-26-CP): 100 securities, issue price Rs. 490,268.50, allotment date December 16, 2025
  • Series 2 (NAC-17-3-26-CP): 500 securities, issue price Rs. 490,222.50, allotment date December 16, 2025
  • Credit rating: CARE A1+ for both series
  • Trading only in dematerialized form
  • 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 routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
  • Tick size of 1 paise must be observed
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date (Both Series): December 16, 2025
  • Listing Date: December 17, 2025
  • Redemption Date (Series 1 - NACL-16-3-26-CP): March 16, 2026
  • Redemption Date (Series 2 - NAC-17-3-26-CP): March 17, 2026

Impact Assessment

Minimal market impact. This is a standard commercial paper listing in the debt segment affecting institutional investors and trading members dealing in short-term debt instruments. The securities have a tenor of approximately 90 days and are rated CARE A1+, indicating adequate safety for short-term investments. The listing provides additional short-term funding options for Northern Arc Capital Ltd and investment opportunities for debt market participants.

Impact Justification

Routine commercial paper listing with standard terms. Limited market impact as it affects only debt segment trading members and investors in commercial papers.