Description

BSE lists privately placed debt securities of Greaves Finance Limited worth Rs. 25 crore with 10.50% interest rate, maturing on March 30, 2028.

Summary

BSE has listed privately placed debt securities of Greaves Finance Limited on its Debt Market Segment effective February 2, 2026. The securities comprise 2,500 debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 10.50% per annum with monthly interest payments.

Key Points

  • Issuer: Greaves Finance Limited
  • Total quantity: 2,500 debentures
  • Face value: Rs. 1,00,000 per debenture (Total issue size: Rs. 25 crore)
  • Scrip Code: 977512
  • Scrip ID: 1050GFL28
  • ISIN: INE1QWF07055
  • Credit rating: ICRA A-(stable)
  • Issue price: Rs. 1,00,000 (at par)
  • Market lot: 1 unit
  • Tick size: 1 paise
  • Trading mode: Dematerialized form only

Regulatory Changes

No regulatory changes. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE1QWF07055
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for additional details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of allotment: January 30, 2026
  • Listing effective date: February 2, 2026
  • Interest payment period: Monthly from February 28, 2026 to March 30, 2028
  • Date of redemption: March 30, 2028

Impact Assessment

Minimal market impact. This is a routine listing of privately placed debt securities for a non-banking financial company (NBFC). The securities are issued on a private placement basis with a relatively small issue size of Rs. 25 crore. The listing provides an additional debt instrument for institutional investors and expands the debt market offerings on BSE. Trading is restricted to dematerialized form with standard settlement procedures.

Impact Justification

Routine debt security listing notification for privately placed debentures of a single NBFC with limited market-wide impact