Description
BSE announces listing of 400 Commercial Papers worth Rs. 5 lakhs each issued by Northern Arc Capital Ltd on private placement basis, with redemption date of March 19, 2026.
Summary
BSE has listed new Commercial Papers issued by Northern Arc Capital Ltd on private placement basis effective December 19, 2025. A total of 400 Commercial Papers with face value of Rs. 5,00,000/- each have been admitted to trading on the BSE Debt segment. The instruments carry a CARE A1+ credit rating and will be redeemed on March 19, 2026. HDFC Bank Limited serves as the Issuing and Paying Agent.
Key Points
- 400 Commercial Papers of Rs. 5 lakhs each listed on BSE Debt segment
- Scrip Code: 730816, Scrip ID: NACL191225
- ISIN Number: INE850M14CK3
- Credit Rating: CARE A1+
- Face Value and Paid-up Value: Rs. 5,00,000/- each
- Issue Price: Rs. 4,90,328/-
- Market Lot: 1 unit
- Date of Allotment: December 19, 2025
- Date of Redemption: March 19, 2026
- Trading in dematerialised form only
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Issuing and Paying Agent: HDFC Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard new listing notification for debt instruments.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE850M14CK3
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members should contact BSE debt department (22728352/8597/8995/5753/8915) for any clarifications
Important Dates
- Listing Date: December 19, 2025
- Allotment Date: December 19, 2025
- Redemption Date: March 19, 2026
- Tenor: 90 days (approximately 3 months)
Impact Assessment
Market Impact: Minimal. This is a routine listing of short-term debt instruments on private placement basis.
Investor Impact: Low. Relevant primarily to institutional investors and debt market participants who invest in highly-rated commercial papers. The CARE A1+ rating indicates high credit quality.
Operational Impact: Trading members dealing in debt securities need to update their systems with the new scrip details for trading purposes. The securities will trade in standard lots of Rs. 5 lakhs, making them accessible primarily to institutional and high-net-worth investors.
Impact Justification
Routine listing of commercial paper on private placement basis with limited market-wide impact, relevant primarily to debt market participants and investors in Northern Arc Capital Ltd instruments.