Description
BSE lists commercial papers from multiple companies including Infina Finance, Birla Group Holdings, Bajaj Finance, Aditya Birla Lifestyle Brands, and Navi Finserv on the debt market segment effective December 22, 2025.
Summary
BSE has listed commercial papers issued by multiple companies on a private placement basis on the BSE Debt Segment effective December 22, 2025. The listed securities include commercial papers from Infina Finance Private Limited, Birla Group Holdings Private Limited, Bajaj Finance Limited (two tranches), Aditya Birla Lifestyle Brands Limited, and Navi Finserv Limited. All securities will trade in dematerialized form only.
Key Points
- Commercial papers from 6 issuances by 5 different companies have been listed
- Total quantity listed: 38,500 units across all issuances
- All securities trade in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading permitted only in dematerialized form under specific ISIN numbers
- Tick size for all securities is 1 paise
- Interest rates range from 6.15% to 7.45% per annum
- All commercial papers have cumulative interest payment structure
Commercial Papers Listed
Infina Finance Private Limited
- Scrip Code: 730827 (IFPL191225)
- ISIN: INE879F14MG3
- Quantity: 3,000 units of Rs. 5 lakh each
- Issue Price: Rs. 468,626.50
- Interest Rate: 7.45% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: November 12, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: Kotak Mahindra Bank Limited
Birla Group Holdings Private Limited
- Scrip Code: 730828 (BGHP221225)
- ISIN: INE09OL14IG1
- Quantity: 10,000 units of Rs. 5 lakh each
- Issue Price: Rs. 491,604.50
- Interest Rate: 6.85% p.a.
- Allotment Date: December 22, 2025
- Redemption Date: March 23, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: Axis Bank Limited
Bajaj Finance Limited (Tranche 1)
- Scrip Code: 730822 (BFL191225)
- ISIN: INE296A14E04
- Quantity: 4,000 units of Rs. 5 lakh each
- Issue Price: Rs. 497,060.00
- Interest Rate: 6.35% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: January 22, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: ICICI Bank Ltd
Bajaj Finance Limited (Tranche 2)
- Scrip Code: 730823 (BFL191225A)
- ISIN: INE296A14E12
- Quantity: 17,500 units of Rs. 5 lakh each
- Issue Price: Rs. 492,360.00
- Interest Rate: 6.51% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: March 16, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: ICICI Bank Ltd
Aditya Birla Lifestyle Brands Limited
- Scrip Code: 730824 (ABLB191225)
- ISIN: INE14LE14061
- Quantity: 4,000 units of Rs. 5 lakh each
- Issue Price: Rs. 492,613.00
- Interest Rate: 6.15% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: March 18, 2026
- Credit Rating: CRISIL A1+
- Issuing Agent: ICICI Bank Limited
Navi Finserv Limited
- Details incomplete in provided content
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be maintained for all listed commercial papers
- Market lot size is 1 for all securities
Important Dates
- Listing Effective Date: December 22, 2025
- Allotment Dates: December 19, 2025 (4 issuances) and December 22, 2025 (1 issuance)
- Redemption Dates: Range from January 22, 2026 to November 12, 2026
- Interest Payment Dates: Cumulative payment on respective redemption dates
Contact Information
For clarifications, trading members may contact BSE Debt Department:
- Phone: 022-22728352 / 8597 / 8995 / 5753 / 8915
Impact Assessment
This is a routine administrative listing of debt securities with minimal market impact. The commercial papers provide short-term funding options for the issuing companies and investment opportunities for debt market participants. No changes to trading systems, processes, or compliance frameworks are required. The listing expands the universe of debt instruments available on BSE’s debt segment.
Impact Justification
Routine listing of privately placed commercial papers on debt segment. These are standard debt instruments with no impact on equity markets or operational changes for trading members.