Description
BSE lists six new Commercial Papers on the Debt Market Segment effective February 20, 2026, issued on a private placement basis by Aditya Birla Real Estate, Poonawalla Fincorp, Godrej Finance, 360 ONE WAM, Vivriti Capital, and IGH Holdings.
Summary
BSE Notice No. 20260220-45 informs trading members that six new Commercial Papers issued on a private placement basis have been listed and admitted to trading on the BSE Debt Segment effective February 20, 2026. All securities are traded in dematerialised form in standard denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- All six Commercial Papers are listed as fresh listings on the BSE Debt Segment.
- Trading is permitted only in dematerialised form under respective ISIN numbers.
- Standard denomination: Rs. 5 Lakhs (Rs. 500,000) and multiples thereof.
- Tick size: 1 paise.
- Interest payment structure is cumulative for all issues.
- Credit ratings range from CARE A1+/CRISIL A1+ to CRISIL A1+/ICRA A1+, indicating highest short-term safety.
- For clarifications, trading members may contact BSE Debt Department: 22728352 / 8597 / 8995 / 5753 / 8915.
Regulatory Changes
No new regulatory changes introduced. This is a routine listing notification under existing BSE debt segment listing norms for privately placed securities.
Compliance Requirements
- Trading members must ensure transactions in these securities are conducted only in dematerialised form.
- All trades must be in standard denomination of Rs. 5 Lakhs and multiples thereof.
- Trading members should update their systems with the new scrip codes and ISIN numbers before commencing trading.
Important Dates
| Company | Allotment Date | Redemption Date | Issue Price (Rs.) | Rate of Interest |
|---|---|---|---|---|
| Aditya Birla Real Estate Ltd (ABREL) | 18/02/2026 | 20/05/2026 | 490,546.00 | 7.73% p.a. |
| Poonawalla Fincorp Ltd | 18/02/2026 | 20/05/2026 | 490,642.00 | 7.65% p.a. |
| Godrej Finance Ltd | 18/02/2026 | 18/02/2027 | 464,684.00 | 7.60% p.a. |
| 360 ONE WAM Ltd | 18/02/2026 | 20/05/2026 | 490,234.50 | 7.99% p.a. |
| Vivriti Capital Ltd | 18/02/2026 | 21/08/2026 | 477,356.00 | 9.41% p.a. |
| IGH Holdings Pvt Ltd | 18/02/2026 | (details truncated) | — | — |
- Effective listing date: February 20, 2026.
Impact Assessment
This is a standard debt segment listing notice with moderate market impact confined to institutional and high-net-worth participants active in the BSE debt market. The Commercial Papers are issued by well-rated entities (A1+ ratings), indicating low credit risk. Tenors range from approximately 3 months (Aditya Birla Real Estate, Poonawalla Fincorp, 360 ONE WAM) to 12 months (Godrej Finance), providing varied short-term investment options. Vivriti Capital’s CP carries a notably higher interest rate (9.41% p.a.) compared to others, reflecting its relative credit positioning. Equity investors in ABREL, POONAWFIN, and 360ONE should note the short-term funding activity of these companies via the commercial paper route.
Impact Justification
Routine debt segment listing notice for newly issued commercial papers; relevant to trading members in the BSE debt segment and investors tracking short-term instruments of these issuers.