Description

BSE announces listing of commercial papers from Birla Group Holdings, 360 ONE Alternates, Bajaj Financial Securities, Samvardhana Motherson International, and Nuvama Wealth on debt market segment.

Summary

BSE has listed commercial papers issued on private placement basis by five companies on its debt market segment effective January 21, 2026. The securities include commercial papers from Birla Group Holdings Private Limited, 360 ONE Alternates Asset Management Limited, Bajaj Financial Securities Limited, Samvardhana Motherson International Limited, and Nuvama Wealth and Investment Limited. All securities will trade in dematerialized form with standard denomination of Rs. 5 lakhs.

Key Points

  • Five companies have listed commercial papers totaling 10,200 units on BSE debt segment
  • All securities will trade only in dematerialized form under respective ISIN numbers
  • Standard trading denomination is Rs. 5 lakhs and multiples thereof
  • Tick size for all securities is 1 paise
  • Interest rates range from 6.29% to 8% per annum
  • Maturity periods vary from 10 days to 1 year
  • All commercial papers have A1+ credit ratings from CRISIL, ICRA, CARE, or IND rating agencies

Listed Securities Details

Birla Group Holdings Private Limited

  • Quantity: 2,000 units (Scrip Code: 730944)
  • Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,63,435
  • Interest Rate: 7.89% p.a.
  • Allotment Date: January 21, 2026
  • Redemption Date: January 21, 2027
  • Rating: CRISIL A1+, ICRA A1+
  • Paying Agent: Axis Bank Limited

360 ONE Alternates Asset Management Limited

  • Quantity: 200 units (Scrip Code: 730942)
  • Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,63,057
  • Interest Rate: 8% p.a.
  • Allotment Date: January 20, 2026
  • Redemption Date: January 19, 2027
  • Rating: CARE A1+
  • Paying Agent: HDFC Bank Limited

Bajaj Financial Securities Limited

  • Quantity: 1,000 units (Scrip Code: 730945)
  • Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,99,140
  • Interest Rate: 6.29% p.a.
  • Allotment Date: January 20, 2026
  • Redemption Date: January 30, 2026 (10 days tenure)
  • Rating: CRISIL A1+, IND A1+
  • Paying Agent: ICICI Bank Ltd

Samvardhana Motherson International Limited

  • Quantity: 5,000 units (Scrip Code: 730943)
  • Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,95,688
  • Interest Rate: 6.35% p.a.
  • Allotment Date: January 20, 2026
  • Redemption Date: March 11, 2026
  • Rating: ICRA A1+, IND A1+
  • Paying Agent: ICICI Bank Limited

Nuvama Wealth and Investment Limited

  • Quantity: 2,000 units (Scrip Code: 730946)
  • Face Value: Rs. 5,00,000
  • Issue Price: Rs. 4,96,856
  • Interest Rate: 7.45% p.a.
  • Allotment Date: January 20, 2026
  • Redemption Date: February 20, 2026
  • Rating: CRISIL A1+, ICRA A1+
  • Paying Agent: ICICI Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Transactions must be in standard denomination of Rs. 5 lakhs and multiples thereof
  • All interest payments are cumulative and paid at redemption

Important Dates

  • Effective Trading Date: January 21, 2026
  • Redemption Dates: Range from January 30, 2026 to January 21, 2027 depending on security

Impact Assessment

This circular has minimal market impact as it pertains to routine listing of debt securities on the debt segment. Trading members dealing in debt instruments can now trade these commercial papers. There is no impact on equity markets or trading regulations. For clarifications, debt department can be contacted at 22728352/8597/8995/5753/8915.

Impact Justification

Routine listing of commercial papers on debt segment with no impact on equity trading or regulatory changes