Description

BSE announces listing of two new Commercial Paper issues by Bajaj Financial Securities Limited totaling Rs. 8,000 crores with redemption dates in January and March 2026.

Summary

BSE has listed two new Commercial Paper (CP) issues by Bajaj Financial Securities Limited on the Debt segment effective December 18, 2025. The first issue comprises 15,000 units of Rs. 5 lakhs each with a 3-month maturity, while the second comprises 1,000 units with a 1-month maturity. Both issues are rated CRISIL A1+ and IND A1+ with ICICI Bank Limited as the Issuing and Paying Agent.

Key Points

  • Two Commercial Paper issues listed on BSE Debt segment
  • Issue 1: 15,000 units (ISIN: INE01C314DZ6, Scrip Code: 730798) maturing March 18, 2026
  • Issue 2: 1,000 units (ISIN: INE01C314DX1, Scrip Code: 730799) maturing January 15, 2026
  • Face value: Rs. 5,00,000 per unit for both issues
  • Issue prices: Rs. 4,91,785 (Issue 1) and Rs. 4,97,443 (Issue 2)
  • Credit rating: CRISIL A1+ and IND A1+ for both issues
  • ICICI Bank Limited appointed as Issuing and Paying Agent
  • Trading only in dematerialized form

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities allotted on December 17, 2025

Important Dates

  • Allotment Date: December 17, 2025
  • Listing Date: December 18, 2025
  • Redemption Date (Issue 1): March 18, 2026
  • Redemption Date (Issue 2): January 15, 2026

Impact Assessment

Market Impact: Minimal. This is a routine Commercial Paper listing in the debt segment targeting institutional investors. The instruments provide short-term funding to Bajaj Financial Securities Limited.

Operational Impact: Trading members dealing in debt instruments can now trade these CPs on the BSE platform. The high credit ratings (A1+) indicate low credit risk for investors.

Investor Impact: Limited to institutional debt market participants. No impact on retail equity investors or broader market operations.

Impact Justification

Routine commercial paper listing for institutional debt market with no impact on equity trading or broader market operations