Description

BSE announces the listing of privately placed debt securities of Shriram Life Insurance Company Limited with INE227H08011 ISIN, effective December 31, 2025.

Summary

BSE has listed privately placed debt securities of Shriram Life Insurance Company Limited on the debt market segment effective December 31, 2025. The securities will be traded in dematerialized form with ISIN INE227H08011, carrying a 9.55% annual interest rate and maturing on December 28, 2035.

Key Points

  • Fresh listing of 9,000 debt securities issued by Shriram Life Insurance Company Limited
  • Scrip Code: 977414, Scrip ID: 955SLICL35, Detail Name: SLICL-9.55%-28-12-35-PVT
  • ISIN Number: INE227H08011
  • Face value and paid-up value: Rs. 100,000 per security
  • Market lot: 1 security
  • Credit rating: ICRA AA-/STABLE
  • Securities will trade only in dematerialized form
  • Tick size: 1 paise
  • Allotment date: December 30, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt segment framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN
  • Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915
  • For detailed information, trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Allotment Date: December 30, 2025
  • Listing and Trading Effective Date: December 31, 2025
  • Interest Payment: Annually from December 30, 2026 to December 28, 2035
  • Redemption Date: December 28, 2035

Impact Assessment

Minimal market-wide impact as this is a routine private placement debt listing. Impact is limited to:

  • Debt market participants who may trade these securities
  • Shriram Life Insurance Company Limited and its debt investors
  • Interest rate: 9.55% per annum payable annually
  • Investment grade rating (ICRA AA-/STABLE) indicates relatively lower credit risk
  • 10-year maturity period (2025-2035) provides long-term debt instrument option
  • Put/call options as per disclosure document provide flexibility for investors and issuer

Impact Justification

Routine debt security listing notification for privately placed instruments, relevant primarily to debt market participants and the specific issuer