Description
BSE lists new privately placed commercial papers from Tata Power, IGH Holdings, 360 ONE Prime, Navi Finserv, Vivriti Capital, and Julius Baer Capital on the debt market segment, effective February 27, 2026.
Summary
BSE Notice No. 20260227-28 informs trading members that multiple new commercial papers issued on a private placement basis have been listed and admitted to trading on the BSE Debt Segment effective February 27, 2026. Securities are tradeable only 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 freshly listed commercial papers on the BSE Debt Segment via private placement
- All securities trade exclusively in demat form under their respective ISINs
- Standard denomination: Rs. 5 Lakhs and multiples thereof; tick size: 1 paise
- Interest payment structure is cumulative for all listed papers
- Credit ratings range from CARE A1 to CRISIL A1+/IND A1+, indicating high short-term creditworthiness
- For clarifications, trading members may contact the BSE Debt Department: 22728352 / 8597 / 8995 / 5753 / 8915
Regulatory Changes
No regulatory changes. This is a routine listing notification under existing BSE Debt Segment listing framework for privately placed securities.
Compliance Requirements
- Trading members must ensure all transactions in these securities are conducted in dematerialised form only
- Trading must be in standard denomination of Rs. 5 Lakhs and multiples thereof
- Members should update their systems with the new scrip codes and ISINs listed below
Important Dates
| Company | Allotment Date | Redemption Date |
|---|---|---|
| Tata Power Co. Ltd | 26/02/2026 | 27/05/2026 |
| IGH Holdings Private Limited | 27/02/2026 | 29/05/2026 |
| 360 ONE Prime Limited | 26/02/2026 | 25/02/2027 |
| Navi Finserv Limited | 26/02/2026 | 25/08/2026 |
| Vivriti Capital Limited | 26/02/2026 | 28/07/2026 |
| Julius Baer Capital (India) Pvt Ltd | — | — |
- Effective listing date: February 27, 2026
Impact Assessment
Tata Power Co. Ltd (Scrip: TPCL26226, Code: 731204, ISIN: INE245A14KW9): Rs. 500 crore CP at 7.20% p.a., rated CRISIL A1+/IND A1+, redeemable 27-May-2026.
IGH Holdings Private Limited (Scrip: IGHHP27226, Code: 731205, ISIN: INE02FN14796): Rs. 500 crore CP at 7.82% p.a., rated CARE A1+/CRISIL A1+, redeemable 29-May-2026.
360 ONE Prime Limited (Scrip: OPL260226, Code: 731206, ISIN: INE248U14TE0): Rs. 250 crore CP at 8.20% p.a., rated CRISIL A1+/ICRA A1+, redeemable 25-Feb-2027 (longest tenor — ~1 year).
Navi Finserv Limited (Scrip: NFL26226, Code: 731207, ISIN: INE342T14FT0): Rs. 100 crore CP at 10.00% p.a., rated CARE A1, redeemable 25-Aug-2026. Highest yield reflects marginally lower rating tier.
Vivriti Capital Limited (Scrip: VCL260226, Code: 731208, ISIN: INE01HV14AW5): Rs. 200 crore CP at 9.35% p.a., rated CRISIL A1+, redeemable 28-Jul-2026.
Overall market impact is minimal; these are routine short-term debt instruments with no bearing on equity market operations or broader compliance obligations.
Impact Justification
Routine administrative listing of privately placed commercial papers on the BSE debt segment; no regulatory changes or compliance obligations for equity market participants.