Description
BSE lists new commercial paper securities issued on private placement basis by DSP Finance, Reliance Retail Ventures, Standard Chartered Securities, Birla Group Holdings, and Bajaj Finance on the debt market segment effective March 10, 2026.
Summary
BSE Notice No. 20260310-26 informs trading members that new commercial paper (CP) securities issued on a private placement basis by multiple companies have been listed and admitted to trading on the BSE Debt Segment effective March 10, 2026. The issuers include DSP Finance Private Limited, Reliance Retail Ventures Limited, Standard Chartered Securities (India) Limited (two tranches), Birla Group Holdings Private Limited, and Bajaj Finance Limited.
Key Points
- All listed securities are Commercial Papers issued on a private placement basis with face value of Rs. 5,00,000 each
- Trading is permitted only in dematerialised form under the respective ISIN numbers
- Standard denomination for trading is Rs. 5 Lakhs and multiples thereof
- Tick size is 1 paise for all listed securities
- Interest payment basis is cumulative for all instruments
- Contact: BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915
Regulatory Changes
No new regulatory changes. This is a standard listing notification under BSE’s existing framework for privately placed debt securities on the BSE Debt Segment.
Compliance Requirements
- Trading members must ensure all transactions in these securities occur only in dematerialised form
- Trades must be executed in standard denomination of Rs. 5 Lakhs and multiples thereof
- Members should update their systems with the new scrip codes and ISIN numbers listed below
Important Dates
| Issuer | Allotment Date | Redemption Date | Rate |
|---|---|---|---|
| DSP Finance Private Limited | 09/03/2026 | 09/03/2027 | 7.80% p.a. |
| Reliance Retail Ventures Limited | 09/03/2026 | 08/06/2026 | 7.23% p.a. |
| Standard Chartered Securities (India) Ltd (Scrip 731278) | 09/03/2026 | 08/03/2027 | 7.85% p.a. |
| Standard Chartered Securities (India) Ltd (Scrip 731279) | 09/03/2026 | 08/06/2026 | 7.85% p.a. |
| Birla Group Holdings Private Limited | 10/03/2026 | 09/06/2026 | 7.84% p.a. |
Impact Assessment
DSP Finance Private Limited
- Scrip Code: 731275 | Scrip ID: DFPL90326 | ISIN: INE422H14305
- Quantity: 2,000 | Issue Price: Rs. 4,63,822.00 | Rating: ICRA A1+
- Paying Agent: ICICI Bank Limited
Reliance Retail Ventures Limited
- Scrip Code: 731276 | Scrip ID: RRVL90326 | ISIN: INE929O14EU6
- Quantity: 19,000 | Issue Price: Rs. 4,91,147.00 | Rating: CARE A1+, CRISIL A1+
- Paying Agent: ICICI Bank Limited
Standard Chartered Securities (India) Limited (Tranche 1)
- Scrip Code: 731278 | Scrip ID: SCSL090326 | ISIN: INE472H14821
- Quantity: 1,500 | Issue Price: Rs. 4,09,146.62 | Rating: ICRA A1+
- Paying Agent: HDFC Bank Ltd
Standard Chartered Securities (India) Limited (Tranche 2)
- Scrip Code: 731279 | Scrip ID: SCS090326 | ISIN: INE472H14813
- Quantity: 1,500 | Issue Price: Rs. 4,32,707.65 | Rating: ICRA A1+
- Paying Agent: HDFC Bank Ltd
Birla Group Holdings Private Limited
- Scrip Code: 731280 | Scrip ID: BGHPL10326 | ISIN: INE09OL14IW8
- Quantity: 10,500 | Issue Price: Rs. 4,90,414.00 | Rating: CRISIL A1+, ICRA A1+
- Paying Agent: Axis Bank Limited
All instruments carry top-tier short-term credit ratings (A1+), indicating minimal credit risk. The listings expand the tradeable universe on the BSE Debt Segment and are relevant primarily to institutional investors and debt market participants.
Impact Justification
Routine listing of privately placed commercial paper instruments on BSE debt segment; relevant to debt market participants and holders of these specific CPs but no broad regulatory or compliance changes involved.