Description

BSE announces the listing of commercial paper securities from multiple companies including Bajaj Finance, Sharekhan, Nuvama Wealth Finance, Aditya Birla Housing Finance, and Mahindra Lifespace Developers on the debt market segment.

Summary

BSE has listed commercial paper securities issued by five companies on private placement basis on the debt market segment effective February 4, 2026. The securities will trade in dematerialized form with a standard denomination of Rs. 5 lakhs and tick size of 1 paise.

Key Points

  • Bajaj Finance Limited: 14,000 commercial papers worth Rs. 500,000 each, maturing on March 3, 2027, interest rate 7.45% p.a., CRISIL A1+/ICRA A1+ rating
  • Sharekhan Limited: 10,000 commercial papers worth Rs. 500,000 each, maturing on March 5, 2026, interest rate 7.50% p.a., CRISIL A1+/ICRA A1+ rating
  • Nuvama Wealth Finance Limited: Two issuances - 2,000 papers each maturing on May 5, 2026 (8.85% p.a.) and February 3, 2027 (8.85% p.a.), CRISIL A1+/ICRA A1+ rating
  • Aditya Birla Housing Finance Limited: 8,000 commercial papers worth Rs. 500,000 each, maturing on May 5, 2026, interest rate 7.36% p.a., CRISIL A1+/ICRA A1+ rating
  • Mahindra Lifespace Developers Ltd.: Details truncated in source document
  • All securities will trade only in dematerialized form under specified ISIN numbers
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot size: 1

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities must be traded in standard denomination of Rs. 5 lakhs and multiples
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing effective date: February 4, 2026
  • Allotment date for all securities: February 3, 2026
  • Redemption dates:
    • Bajaj Finance: March 3, 2027
    • Sharekhan: March 5, 2026
    • Nuvama Wealth (first): May 5, 2026
    • Nuvama Wealth (second): February 3, 2027
    • Aditya Birla Housing Finance: May 5, 2026

Impact Assessment

Low impact circular affecting institutional debt market participants. These commercial paper listings provide short to medium-term debt instruments for institutional investors. No direct impact on equity markets or retail investors. All securities carry highest credit ratings (CRISIL A1+/ICRA A1+) indicating strong creditworthiness. Interest rates range from 7.36% to 8.85% p.a., reflecting current market conditions and issuer credit profiles.

Impact Justification

Routine listing of commercial paper securities on debt segment affecting institutional investors primarily, no impact on equity markets