Description

BSE announces listing of new debt securities (INE572J07778) issued by Spandana Sphoorty Financial Limited on private placement basis, effective December 19, 2025.

Summary

BSE notifies trading members about the listing and admission to dealings of 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, with a quantity of 8,500 units, face value of Rs. 1,00,000 each, carrying 11.25% p.a. interest rate, and maturing on December 17, 2027.

Key Points

  • Scrip Code: 977387
  • Scrip ID: 1125SSFL27
  • ISIN: INE572J07778
  • Quantity Listed: 8,500 units
  • Face Value: Rs. 1,00,000 per unit
  • Issue Price: Rs. 1,00,000 per unit
  • Credit Rating: IND BBB+/Negative
  • Interest Rate: 11.25% per annum
  • Interest Payment: Monthly from January 17, 2026 to December 17, 2027
  • Date of Allotment: December 17, 2025
  • Maturity Date: December 17, 2027
  • Market Lot: 1
  • Tick Size: 1 paise
  • Trading: Only in dematerialized form
  • Put/Call Option: Not Available

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 ISIN INE572J07778
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 17, 2025
  • Listing Effective Date: December 19, 2025
  • First Interest Payment: January 17, 2026
  • Interest Payment Frequency: Monthly (17th of each month)
  • Final Interest Payment: December 17, 2027
  • Redemption Date: December 17, 2027

Impact Assessment

This is a routine listing notification with minimal market impact. The listing adds Rs. 85 crore worth of debt securities to the BSE Debt segment. The BBB+ rating with negative outlook indicates moderate credit quality. The relatively high interest rate of 11.25% reflects the credit risk profile. Impact is limited to debt market participants and investors in Spandana Sphoorty Financial Limited’s debt instruments. No impact on equity markets or broader trading operations.

Impact Justification

Routine listing notification for debt securities on private placement basis with limited market-wide impact