Description
BSE lists six new Commercial Papers on its Debt Segment issued on a private placement basis by Aditya Birla Real Estate, Poonawalla Fincorp, Godrej Finance, 360 ONE WAM, Vivriti Capital, and IGH Holdings, effective February 20, 2026.
Summary
BSE has listed six Commercial Papers (CPs) on its Debt Segment effective February 20, 2026, all issued on a private placement basis. The securities were allotted on February 18, 2026, and must be traded exclusively in dematerialised form in standard denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- Six companies have listed Commercial Papers on BSE Debt Segment via private placement
- All securities trade only in demat form in denominations of Rs. 5 Lakhs and multiples
- Tick size for all listed CPs is 1 paise
- Allotment date for all: February 18, 2026
- Credit ratings range from CRISIL A1+/CARE A1+/ICRA A1+ (highest short-term ratings)
- Interest payment structure is cumulative for all issues
Regulatory Changes
No regulatory changes. This is a routine listing notification under BSE’s existing debt segment framework.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form
- Transactions must be in standard denominations of Rs. 5 Lakhs and multiples thereof
- For clarifications, trading members may contact the BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915
Important Dates
| Company | Allotment Date | Redemption Date | Rate |
|---|---|---|---|
| Aditya Birla Real Estate Ltd | 18/02/2026 | 20/05/2026 | 7.73% p.a. |
| Poonawalla Fincorp Ltd | 18/02/2026 | 20/05/2026 | 7.65% p.a. |
| Godrej Finance Ltd | 18/02/2026 | 18/02/2027 | 7.60% p.a. |
| 360 ONE WAM Ltd | 18/02/2026 | 20/05/2026 | 7.99% p.a. |
| Vivriti Capital Ltd | 18/02/2026 | 21/08/2026 | 9.41% p.a. |
| IGH Holdings Pvt Ltd | 18/02/2026 | TBD (content truncated) | TBD |
Impact Assessment
Market Impact: Low. These are routine short-term debt instrument listings with no implications for equity markets. The CPs carry top-tier credit ratings (A1+) from CARE, CRISIL, and ICRA, indicating minimal credit risk. Redemption timelines range from approximately 3 months (May 2026) to 12 months (February 2027), with Vivriti Capital’s CP offering the highest yield at 9.41% p.a., reflecting its relatively longer tenor (August 2026). Total issuance across the disclosed CPs amounts to Rs. 15,250 crore face value (30,500 units × Rs. 5 Lakhs each, partial count). This information is relevant primarily to institutional debt market participants and fixed-income traders on the BSE Debt Segment.
Impact Justification
Routine private placement commercial paper listings on the BSE Debt Segment with no regulatory changes or compliance obligations for equity market participants.