Description

BSE announces listing of commercial papers issued by Bajaj Finance, Sharekhan, Nuvama Wealth Finance, Aditya Birla Housing Finance, and Mahindra Lifespace Developers on private placement basis, effective February 4, 2026.

Summary

BSE has listed commercial papers issued on private placement basis by five companies on its debt market segment effective February 4, 2026. The securities will trade in dematerialized form with standard denomination of Rs. 5 lakhs, tick size of 1 paise, and tenure ranging from 30 days to 1 year with interest rates between 7.36% to 8.85% p.a.

Key Points

  • Five companies have listed commercial papers totaling 36,000 units
  • Bajaj Finance Limited: 14,000 units at 7.45% p.a., maturing February 3, 2027
  • Sharekhan Limited: 10,000 units at 7.50% p.a., maturing March 5, 2026
  • Nuvama Wealth Finance Limited: 2,000 units each for two ISINs at 8.85% p.a., maturing May 5, 2026 and February 3, 2027
  • Aditya Birla Housing Finance Limited: 8,000 units at 7.36% p.a., maturing May 5, 2026
  • Mahindra Lifespace Developers Ltd.: Details partially provided in circular
  • All securities carry CRISIL A1+ and ICRA A1+ credit ratings
  • Trading only in dematerialized form under respective ISIN numbers
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Market lot: 1 unit

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Transactions must be in standard denomination of Rs. 5 lakhs and multiples
  • Securities to be traded under assigned scrip codes and ISIN numbers
  • Contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Effective Date of Listing: February 4, 2026
  • Allotment Date (All Issues): February 3, 2026
  • Redemption Dates:
    • Sharekhan Limited: March 5, 2026
    • Nuvama Wealth Finance (ISIN: INE918K14DA1): May 5, 2026
    • Aditya Birla Housing Finance: May 5, 2026
    • Bajaj Finance: February 3, 2027
    • Nuvama Wealth Finance (ISIN: INE918K14CZ0): February 3, 2027

Impact Assessment

Market Impact: Minimal. This is a routine administrative notification regarding debt segment listings that primarily affects institutional investors and debt market participants. The commercial papers are short to medium-term instruments for corporate borrowing and do not impact equity markets or retail investor trading activities. The securities are already issued and this circular merely confirms their admission to trading on the BSE platform.

Impact Justification

Routine listing of commercial papers on debt segment affecting institutional investors primarily; no impact on equity trading or broader market operations