Description
BSE lists new commercial papers from multiple issuers including Bajaj Finance, Infina Finance, Birla Group Holdings, Aditya Birla Lifestyle Brands, and Navi Finserv on the debt segment effective December 22, 2025.
Summary
BSE has listed new commercial papers issued on private placement basis by five companies on the debt market 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 with standard denomination of Rs. 5 lakhs and tick size of 1 paise.
Key Points
- Fresh listing of commercial papers from 5 issuers totaling 38,500 units (across multiple tranches)
- All securities rated CRISIL A1+ and/or ICRA A1+ (highest short-term rating)
- Trading only in dematerialized form under respective ISIN numbers
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Interest rates range from 6.15% to 7.45% per annum
- Maturity periods range from 1 month to approximately 11 months
Security Details
Infina Finance Private Limited
- Scrip Code: 730827 (IFPL191225)
- Quantity: 3,000 units
- Face Value: Rs. 5,00,000
- Interest Rate: 7.45% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: November 12, 2026
- Issuing Agent: Kotak Mahindra Bank Limited
Birla Group Holdings Private Limited
- Scrip Code: 730828 (BGHP221225)
- Quantity: 10,000 units
- Face Value: Rs. 5,00,000
- Interest Rate: 6.85% p.a.
- Allotment Date: December 22, 2025
- Redemption Date: March 23, 2026
- Issuing Agent: Axis Bank Limited
Bajaj Finance Limited - Tranche 1
- Scrip Code: 730822 (BFL191225)
- Quantity: 4,000 units
- Face Value: Rs. 5,00,000
- Interest Rate: 6.35% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: January 22, 2026
- Issuing Agent: ICICI Bank Ltd
Bajaj Finance Limited - Tranche 2
- Scrip Code: 730823 (BFL191225A)
- Quantity: 17,500 units
- Face Value: Rs. 5,00,000
- Interest Rate: 6.51% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: March 16, 2026
- Issuing Agent: ICICI Bank Ltd
Aditya Birla Lifestyle Brands Limited
- Scrip Code: 730824 (ABLB191225)
- Quantity: 4,000 units
- Face Value: Rs. 5,00,000
- Interest Rate: 6.15% p.a.
- Allotment Date: December 19, 2025
- Redemption Date: March 18, 2026
- Issuing Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes. This is a routine listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples must be maintained
- Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Effective Date of Listing: December 22, 2025
- Notice Date: December 22, 2025
- Allotment Dates: December 19, 2025 (Infina Finance, Bajaj Finance tranches, Aditya Birla) and December 22, 2025 (Birla Group Holdings)
- Redemption Dates: Range from January 22, 2026 to November 12, 2026
Impact Assessment
This is a routine administrative notification with minimal market impact. The listing of commercial papers on the debt segment provides additional short-term investment options for institutional investors and enhances liquidity in the debt market. All issuers carry the highest short-term credit ratings (A1+), indicating strong creditworthiness. The listing does not affect equity markets or create any compliance burden beyond standard debt trading protocols.
Impact Justification
Routine listing of privately placed commercial papers on debt segment with no impact on equity markets or trading regulations