Description
BSE announces listing of 8,500 secured non-convertible debentures issued by Spandana Sphoorty Financial Limited on private placement basis, effective December 19, 2025.
Summary
BSE has listed and admitted to trading 8,500 new debt securities issued by Spandana Sphoorty Financial Limited on private placement basis. The securities are listed on the BSE Debt segment effective December 19, 2025. These are non-convertible debentures with a face value of Rs. 100,000 each, carrying an interest rate of 11.25% per annum with monthly interest payments.
Key Points
- Quantity: 8,500 securities
- Scrip Code: 977387
- Scrip ID: 1125SSFL27
- ISIN: INE572J07778
- Face Value: Rs. 100,000 per security
- Issue Price: Rs. 100,000
- Credit Rating: IND BBB+/Negative
- Market Lot: 1
- Date of Allotment: December 17, 2025
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE572J07778
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
- For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: December 17, 2025
- Listing Date: December 19, 2025
- Interest Payment Dates: Monthly from January 17, 2026 to December 17, 2027
- Redemption Date: December 17, 2027
Impact Assessment
Market Impact: Minimal. This is a routine debt listing with no impact on equity markets or broader trading operations.
Investor Impact: Low. Relevant only to institutional debt investors and those interested in Spandana Sphoorty Financial Limited’s debt instruments. The BBB+/Negative rating indicates moderate credit quality with stable outlook concerns.
Operational Impact: None for equity traders. Debt segment participants can now trade these securities on the BSE Debt platform with standard settlement procedures.
Impact Justification
Routine debt security listing announcement with no broad market impact, relevant only to debt investors and the issuing company