Description

BSE announces listing of privately placed debt securities of Greaves Finance Limited with INR 25 crore face value, 10.50% interest rate, maturing on December 23, 2027.

Summary

BSE has listed privately placed debt securities of Greaves Finance Limited on its Debt Market Segment effective December 24, 2025. The securities comprise 2,500 debentures with a face value of INR 1,00,000 each (total INR 25 crore), carrying a 10.50% annual interest rate and maturing on December 23, 2027. Trading members can contact the debt department for clarifications.

Key Points

  • Issuer: Greaves Finance Limited
  • Scrip Code: 977394
  • ISIN: INE1QWF07048
  • Quantity: 2,500 debentures
  • Face Value: INR 1,00,000 per debenture
  • Issue Price: INR 1,00,000 per debenture
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Credit Rating: IND A-/Stable
  • Interest Rate: 10.50% per annum (monthly payment)
  • Allotment Date: December 23, 2025
  • Maturity Date: December 23, 2027
  • Trading Mode: Dematerialized form only
  • Put/Call Option: As per Disclosure Document

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE1QWF07048
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • Contact debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: December 23, 2025
  • Listing Date: December 24, 2025
  • Interest Payment: Monthly from December 23, 2025 to December 23, 2027
  • Redemption Date: December 23, 2027

Impact Assessment

This circular has minimal market-wide impact as it pertains to a routine listing of privately placed debt securities for a single financial services company. The listing expands the BSE Debt Segment inventory but does not affect broader market operations, trading rules, or compliance frameworks. Impact is limited to trading members dealing in corporate debt instruments and investors interested in Greaves Finance Limited’s debt securities.

Impact Justification

Routine listing notification for privately placed debt securities of a single company with limited market-wide impact