Description

BSE announces listing of commercial papers from Bajaj Finance, Birla Group Holdings, Bajaj Financial Securities, Adani Enterprises, ECL Finance, and Nuvama Wealth Management on the debt market segment.

Summary

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

Key Points

  • Six companies have listed commercial papers aggregating significant value
  • Bajaj Finance Limited: 10,000 units at 7.36% p.a., maturing April 4, 2027 (CRISIL A1+, ICRA A1+)
  • Birla Group Holdings Private Limited: 7,000 units at 8% p.a., maturing February 4, 2027 (CRISIL A1+, ICRA A1+)
  • Bajaj Financial Securities Limited: 20,000 units at 7.65% p.a., maturing April 17, 2026 (CRISIL A1+, IND A1+)
  • Adani Enterprises Ltd.: 800 units at 7.25% p.a., maturing May 6, 2026 (CARE A1+, ICRA A1+)
  • ECL Finance Limited: 500 units at 8.65% p.a., maturing August 4, 2026 (CRISIL A1+, IVR A1+)
  • Nuvama Wealth Management Limited: Details incomplete in source
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • All securities trade only in dematerialized form
  • Tick size is 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these commercial papers only in dematerialized form
  • Standard denomination requirement of Rs. 5 lakhs must be followed
  • Market lot size is 1 unit
  • Trading members can contact BSE debt department at 22728352/8597/8995/5753/8915 for clarifications

Important Dates

  • Effective Date: February 5, 2026
  • Allotment Dates: February 4-5, 2026 (various issuers)
  • Redemption Dates: Range from April 17, 2026 to February 4, 2027 depending on issuer

Impact Assessment

This is a routine operational announcement with minimal market impact. The listing of commercial papers provides additional debt instruments for institutional investors and enhances market liquidity in the debt segment. Interest rates ranging from 7.25% to 8.65% reflect prevailing market conditions and issuer credit profiles. All instruments carry highest credit ratings (A1+), indicating low credit risk.

Impact Justification

Routine listing announcement of privately placed commercial papers on debt segment with no market-wide impact