Description

BSE lists privately placed debt securities of REC Limited (ISIN: INE020B08GB8) on its Debt Market Segment effective February 24, 2026, with a 6.95% p.a. interest rate and redemption date of February 18, 2028.

Summary

BSE has listed privately placed debt securities of REC Limited on the BSE Debt Market Segment effective February 24, 2026. The instrument (Scrip Code: 977568, ISIN: INE020B08GB8) carries a 6.95% per annum interest rate and matures on February 18, 2028. Trading members can now trade these securities in dematerialised form.

Key Points

  • REC Limited’s privately placed debt securities (RECL-6.95%-18-2-28-PVT) are now admitted to trading on the BSE Debt Segment
  • Securities are tradeable only in dematerialised form under ISIN INE020B08GB8
  • Tick size for the securities is 1 paise
  • Quantity listed: 2,83,500 units with a market lot of 1
  • Face value, paid-up value, and issue price are all Rs. 1,00,000 per unit
  • Credit ratings: CARE AAA/Stable, CRISIL AAA/STABLE, ICRA AAA/STABLE, IND AAA/Stable
  • For clarifications, trading members may contact the BSE Debt Department at 22728352/8597/8995/5753/8915

Regulatory Changes

No regulatory changes. This is a routine listing admission notice under BSE’s existing framework for privately placed debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form
  • The tick size of 1 paise must be observed for all transactions
  • Members should refer to the Placement Memorandum on BSE’s debt memorandum portal for further details: https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Date of Allotment: February 20, 2026
  • Listing / Trading Effective Date: February 24, 2026
  • Interest Payment Date: Annually on February 20, 2027 and February 18, 2028
  • Date of Redemption: February 18, 2028

Impact Assessment

This is a routine debt listing with limited broader market impact. The listing adds a AAA-rated REC Limited bond to the BSE Debt Segment, providing an additional investment option for institutional and retail debt market participants. The high credit ratings (AAA from four rating agencies) indicate low credit risk. Impact is confined to debt market participants seeking to trade or hold this specific instrument.

Impact Justification

Routine administrative listing notice for a single privately placed debt instrument of REC Limited on the BSE Debt Segment. No regulatory changes or broad market impact; relevant primarily to debt market participants trading this specific security.