Description

BSE lists new privately placed commercial papers from 360 ONE Alternates, Vivriti Capital, Standard Chartered Securities and PTCs from Liquid Gold Series 17, effective January 5, 2026.

Summary

BSE has listed new privately placed debt securities on its Debt Market Segment effective January 5, 2026. The listing includes commercial papers from three issuers totaling Rs. 620 crores and pass-through certificates from Liquid Gold Series 17. All securities will trade in dematerialized form only.

Key Points

  • Three commercial paper issuances listed: 360 ONE Alternates (240 units), Vivriti Capital (800 units), and Standard Chartered Securities (200 units)
  • Two PTC tranches from Liquid Gold Series 17 listed with different credit ratings (CRISIL AA+(SO) and CRISIL A(SO))
  • Commercial papers have maturity periods ranging from 3 to 9 months with interest rates between 6.6% to 9.27% p.a.
  • Standard denomination for CPs is Rs. 5 lakhs and multiples thereof
  • Tick size for all securities is 1 paise
  • Market lot is 1 unit for all listed securities

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

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
  • Trading members requiring clarification can contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Effective Date: January 5, 2026
  • CP Allotment Date: January 2, 2026 (for all three CPs)
  • PTC Allotment Date: December 31, 2025 (Liquid Gold Series 17)
  • CP Redemption Dates:
    • Standard Chartered Securities: April 2, 2026
    • Vivriti Capital: May 29, 2026
    • 360 ONE Alternates: October 5, 2026
  • PTC Redemption Date: April 20, 2028 (both tranches)

Impact Assessment

Market Impact: Minimal. This is a routine debt segment listing that provides additional investment options in the corporate debt market. The listing enhances liquidity for institutional investors holding these privately placed instruments.

Operational Impact: No operational changes for trading members. Standard debt market trading procedures apply with dematerialized trading requirements already in place.

Investor Impact: Provides secondary market trading opportunity for holders of these privately placed securities, though actual trading activity in privately placed debt is typically limited.

Impact Justification

Routine listing notification for privately placed debt securities with no impact on equity markets or trading members' operations beyond informational awareness