Description

BSE announces listing of new commercial papers from multiple companies including Birla Group Holdings, IGH Holdings, SG Finserve, Julius Baer Capital, Godrej Finance, and Reliance Retail Ventures on the debt market segment.

Summary

BSE has listed new privately placed commercial papers from six companies on its debt market segment effective January 9, 2026. The securities will trade only in dematerialized form with standard denomination of Rs. 5 lakhs and multiples thereof, with a tick size of 1 paise.

Key Points

  • Five fresh commercial paper listings announced with tenures ranging from 49 days to 364 days
  • Birla Group Holdings: 5,000 units at 7.35% p.a., maturing January 8, 2027
  • IGH Holdings: 1,500 units at 7.40% p.a., maturing January 8, 2027
  • SG Finserve: 600 units at 7.30% p.a., maturing February 26, 2026
  • Julius Baer Capital: 2,000 units at 7.38% p.a., maturing January 8, 2027
  • Godrej Finance: 3,000 units at 6.45% p.a., maturing March 20, 2026
  • Further listing from Reliance Retail Ventures Limited (details truncated in source)
  • All securities carry A1+ credit ratings from CRISIL, ICRA, or CARE
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Market lot size is 1 unit for all securities

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading to be conducted under specified ISIN numbers
  • Standard denomination of Rs. 5 lakhs and multiples must be followed
  • Tick size of 1 paise applies to all listed securities
  • For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Effective Date: January 9, 2026 (securities admitted to trading)
  • Allotment Dates: January 8-9, 2026
  • Redemption Dates:
    • SG Finserve: February 26, 2026
    • Godrej Finance: March 20, 2026
    • Birla Group, IGH Holdings, Julius Baer Capital: January 8, 2027

Impact Assessment

Market Impact: Low - Routine debt market listing that expands trading options for institutional investors in money market instruments.

Operational Impact: Minimal - Trading members gain access to additional high-rated commercial paper instruments for client trading and investment portfolios. The securities carry top-tier A1+ ratings indicating minimal credit risk. Interest rates range from 6.45% to 7.40% p.a., reflecting current money market conditions.

Impact Justification

Routine listing of privately placed debt securities. Informational notice for trading members about new commercial papers available for trading in dematerialized form.