Description

BSE lists new commercial papers and debt securities from multiple issuers on the debt market segment, effective January 5, 2026.

Summary

BSE has listed new privately placed securities on its debt market segment effective January 5, 2026. The listing includes commercial papers from 360 ONE Alternates Asset Management Limited, Vivriti Capital Limited, and Standard Chartered Securities (India) Limited, as well as debt securities from Liquid Gold Series 17. All securities will trade in dematerialized form only.

Key Points

  • Commercial papers from three issuers totaling 1,240 units have been listed
  • 360 ONE Alternates: 240 units of CP at 7.60% p.a., maturing October 5, 2026 (CARE A1+ rated)
  • Vivriti Capital: 800 units of CP at 9.27% p.a., maturing May 29, 2026 (CRISIL A1+ rated)
  • Standard Chartered Securities: 200 units of CP at 6.6% p.a., maturing April 2, 2026 (ICRA A1+ rated)
  • Liquid Gold Series 17 debt securities: 9,546 units at 8.42% p.a. (CRISIL AA+(SO)) and 354 units at 9.57% p.a. (CRISIL A(SO)), both maturing April 20, 2028
  • All securities trade in dematerialized form only
  • Commercial papers have standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for all securities is 1 paise

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 under specified ISIN numbers
  • Commercial papers must be traded in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot is 1 unit for all listed securities
  • For debt securities details, trading members should refer to the Placement Memorandum on BSE website

Important Dates

  • Effective Date: January 5, 2026
  • Allotment Date (CPs): January 2, 2026
  • Allotment Date (Debt Securities): December 31, 2025
  • CP Redemption Dates: April 2, 2026 (SCSL), May 29, 2026 (VCL), October 5, 2026 (360ONE)
  • Debt Securities Redemption: April 20, 2028 (both Liquid Gold Series 17 tranches)

Impact Assessment

Market Impact: Minimal. This is a routine operational listing of privately placed debt securities with no impact on equity markets.

Operational Impact: Trading members can now trade these newly listed debt securities on the BSE debt segment. The listing provides additional liquidity options in the debt market for institutional investors.

Investor Impact: Limited to existing holders of these privately placed securities who can now trade them on the exchange platform. The securities are institutional in nature with high denominations (Rs. 5 lakhs for CPs, Rs. 1 lakh for debt securities).

Impact Justification

Routine listing of privately placed debt securities with no impact on equity markets or broader regulatory changes