Description
Commercial papers of POONAWALLA FINCORP LIMITED, Navi Finserv Limited, Infina Finance Private Limited, and Tata Housing Development Company Limited listed on BSE debt segment effective January 19, 2026.
Summary
BSE has announced the listing of commercial papers issued by multiple companies on its debt market segment effective January 19, 2026. The securities were issued on a private placement basis and are now admitted to trading in dematerialized form with a standard denomination of Rs. 5 lakhs.
Key Points
- Commercial papers of 5 issuances from 4 companies listed on BSE debt segment
- All securities to be traded only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
- POONAWALLA FINCORP LIMITED: 2 issuances (1000 units at 7.10% p.a., 3000 units at 7.26% p.a.)
- Navi Finserv Limited: 2 issuances (200 units each at 9.85% and 9.50% p.a.)
- Infina Finance Private Limited: 1 issuance (500 units at 7.38% p.a.)
- Tata Housing Development Company Limited: Details partially provided
Listed Securities Details
POONAWALLA FINCORP LIMITED
Issuance 1:
- ISIN: INE511C14ZG1
- Scrip Code: 730930 (PFL160126)
- Quantity: 1000 units
- Face Value: Rs. 500,000
- Issue Price: Rs. 491,303.50
- Interest Rate: 7.10% p.a. (cumulative)
- Allotment Date: January 16, 2026
- Redemption Date: April 17, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Issuing Agent: ICICI BANK LTD
Issuance 2:
- ISIN: INE511C14ZF3
- Scrip Code: 730931 (PFL16126)
- Quantity: 3000 units
- Face Value: Rs. 500,000
- Issue Price: Rs. 485,890.00
- Interest Rate: 7.26% p.a. (cumulative)
- Allotment Date: January 16, 2026
- Redemption Date: June 11, 2026
- Credit Rating: CARE A1+, CRISIL A1+
- Issuing Agent: ICICI BANK LTD
Navi Finserv Limited
Issuance 1:
- ISIN: INE342T14FK9
- Scrip Code: 730927 (NFL160126)
- Quantity: 200 units
- Face Value: Rs. 500,000
- Issue Price: Rs. 476,715.00
- Interest Rate: 9.85% p.a. (cumulative)
- Allotment Date: January 16, 2026
- Redemption Date: July 16, 2026
- Credit Rating: CARE A1
- Issuing Agent: HDFC Bank Limited
Issuance 2:
- ISIN: INE342T14FL7
- Scrip Code: 730928 (NFL16126)
- Quantity: 200 units
- Face Value: Rs. 500,000
- Issue Price: Rs. 488,555.50
- Interest Rate: 9.50% p.a. (cumulative)
- Allotment Date: January 16, 2026
- Redemption Date: April 16, 2026
- Credit Rating: CARE A1
- Issuing Agent: HDFC Bank Limited
Infina Finance Private Limited
- ISIN: INE879F14MI9
- Scrip Code: 730929 (IFPL160126)
- Quantity: 500 units
- Face Value: Rs. 500,000
- Issue Price: Rs. 490,966.50
- Interest Rate: 7.38% p.a. (cumulative)
- Allotment Date: January 16, 2026
- Redemption Date: April 17, 2026
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing Agent: Kotak Mahindra Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification under existing debt market regulations.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Listing Effective Date: January 19, 2026
- Allotment Date (All Issuances): January 16, 2026
- Redemption Dates: April 16-17, 2026 (short-term), June 11, 2026, and July 16, 2026
Impact Assessment
This is a routine operational notification with minimal market impact. The listing of commercial papers provides additional short-term debt instruments for institutional investors and adds liquidity to the debt market segment. The interest rates range from 7.10% to 9.85% p.a., reflecting the credit ratings and tenures. The circular is primarily informational for trading members and does not affect equity market operations.
Impact Justification
Routine listing announcement for debt securities with limited impact on equity markets; primarily relevant to debt market participants and trading members