Description

Revision of debt securities from unsecured NCDs to secured NCDs with ISIN change effective December 31, 2025.

Summary

BSE has announced revised terms for debt securities of Ananya Finance For Inclusive Growth Private Limited, effective December 31, 2025. The scrip code 976510 will undergo a change in security mode from unsecured NCDs to secured NCDs, with a corresponding ISIN change from INE774L08022 to INE774L07099. This update is a continuation of notice number 20251212-48 dated December 12, 2025.

Key Points

  • Scrip Code 976510 will be available for trading with revised terms from December 31, 2025
  • Security mode changed from Unsecured NCDs to Secured NCDs
  • ISIN changed from INE774L08022 to INE774L07099
  • This is a continuation of earlier notice 20251212-48 dated December 12, 2025
  • Trading Members can contact Ms. Pooja Trivedi (+91 22 2272 8844) or email debt.listing@bseindia.com for queries

Regulatory Changes

Mode of Security: The non-convertible debentures (NCDs) are being converted from unsecured to secured status, providing enhanced protection to debenture holders.

ISIN Modification: A new ISIN (INE774L07099) has been assigned to replace the existing ISIN (INE774L08022) to reflect the change in security terms.

Compliance Requirements

  • Trading Members must note the revised terms for Scrip Code 976510
  • All trading systems should be updated to reflect the new ISIN INE774L07099
  • Trading Members should ensure proper recording of the security mode change in their records

Important Dates

  • Notice Date: December 30, 2025
  • Effective Date: December 31, 2025 (Wednesday)
  • Reference Notice: 20251212-48 dated December 12, 2025

Impact Assessment

The conversion from unsecured to secured NCDs represents a positive development for debenture holders, as secured debt provides higher protection and priority in case of default or liquidation. The ISIN change will require administrative updates by market participants and investors holding these securities. Trading Members need to ensure their systems reflect the new ISIN to facilitate seamless trading from December 31, 2025.

Impact Justification

Material change in security terms from unsecured to secured NCDs with new ISIN, affecting existing debt security holders