Description
BSE lists new privately placed commercial papers from Bajaj Housing Finance, Birla Group Holdings, SBICAP Securities, KEC International, and Capri Global Capital on the debt market segment effective February 24, 2026.
Summary
BSE has listed multiple privately placed commercial papers on its Debt Market Segment effective February 24, 2026, issued by Bajaj Housing Finance Limited, Birla Group Holdings Private Limited, SBICAP Securities Limited (two issuances), KEC International Ltd., and Capri Global Capital Limited. All securities are available for trading exclusively in dematerialised form in denominations of Rs. 5 Lakhs and multiples thereof, with a tick size of 1 paise.
Key Points
- Trading in all listed commercial papers is exclusively in dematerialised form
- Standard denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- All issuances carry top-tier short-term credit ratings (CRISIL A1+ and/or IND A1+ / ICRA A1+)
- Face value for all CPs: Rs. 5,00,000 per unit
- Total instruments listed: at least 5 fresh commercial paper issuances
- Trading member queries: BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915
Regulatory Changes
No new regulatory changes introduced. This is a routine listing notification under existing BSE debt segment listing framework for privately placed securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form using the respective ISIN numbers
- Transactions must be in standard denominations of Rs. 5 Lakhs and multiples thereof
- Members must adhere to the 1 paise tick size requirement for all listed CPs
Important Dates
| Company | Allotment Date | Redemption Date | Rate |
|---|---|---|---|
| Bajaj Housing Finance Limited (BHFL23226) | 23/02/2026 | 23/02/2027 | 6.96% p.a. |
| Birla Group Holdings Pvt. Ltd. (BGHP240226) | 24/02/2026 | 24/02/2027 | 7.69% p.a. |
| SBICAP Securities Ltd. (SSL230226) | 23/02/2026 | 25/05/2026 | 7.65% p.a. |
| SBICAP Securities Ltd. (SBIC24226) | 24/02/2026 | 26/05/2026 | 7.65% p.a. |
| KEC International Ltd. (KIL24226) | 24/02/2026 | 25/05/2026 | 7.30% p.a. |
Impact Assessment
This is a routine operational listing notice with limited market-wide impact. The commercial papers listed are short-to-medium term instruments (3 months to 1 year) from highly rated issuers, providing institutional investors with additional short-term debt instruments on the BSE Debt Segment. All instruments carry the highest short-term credit ratings, indicating minimal credit risk. The listing is effective immediately as of February 24, 2026. No impact on equity markets or broader regulatory framework is anticipated.
Impact Justification
Routine debt segment listing of privately placed commercial papers; no regulatory changes or broad market impact. Relevant only to trading members dealing in BSE debt instruments for the specific issuers.