Description
BSE lists new commercial papers issued on private placement basis by Bajaj Financial Securities, Nuvama Wealth, SBICAP Securities, Manappuram Finance, Julius Baer Capital, and JSW Energy on the debt segment, effective March 11, 2026.
Summary
BSE has listed new privately placed securities on its Debt Market Segment effective March 11, 2026 (Notice No. 20260311-32). The listing covers commercial papers issued by six companies: Bajaj Financial Securities Limited, Nuvama Wealth and Investment Limited, SBICAP Securities Limited, Manappuram Finance Limited, Julius Baer Capital (India) Private Limited, and JSW Energy Limited. All securities are allotted as of March 10, 2026 and are immediately available for trading in dematerialised form.
Key Points
- All securities trade exclusively in dematerialised form under their respective ISIN numbers
- Standard denomination for trading: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
- All commercial papers were allotted on March 10, 2026
- Interest payment is cumulative for all listed securities
- For clarifications, trading members may contact BSE Debt Department: 22728352 / 8597 / 8995 / 5753 / 8915
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly admitted debt securities on BSE’s Debt Segment.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form
- Trades must be in standard denomination of Rs. 5 Lakhs and multiples thereof
- Members must use the assigned Scrip Codes and ISINs for all transactions
Important Dates
| Company | Allotment Date | Redemption Date | Rate of Interest |
|---|---|---|---|
| Bajaj Financial Securities Limited (BFSL-11-05-26-CP, INE01C314EM2) | 10/03/2026 | 11/05/2026 | 7.60% p.a. |
| Nuvama Wealth and Investment Limited (NWIL-9-6-26-CP, INE523L14BF0) | 10/03/2026 | 09/06/2026 | 8.35% p.a. |
| SBICAP Securities Limited (SSL-9-6-26-CP, INE212K14DO0) | 10/03/2026 | 09/06/2026 | 7.72% p.a. |
| Manappuram Finance Limited (MFL-09-06-26-CP, INE522D14PH5) | 10/03/2026 | 09/06/2026 | 8.00% p.a. |
| Julius Baer Capital (India) Pvt Ltd (JBCP-9-6-26-CP, INE824H14TW7) | 10/03/2026 | 09/06/2026 | 7.85% p.a. |
| JSW Energy Limited | 10/03/2026 | TBD (content truncated) | TBD |
Impact Assessment
This listing adds fresh commercial paper supply to BSE’s Debt Segment across six issuers with aggregate face value exposure in the range of hundreds of crores. All issuers carry top-tier short-term credit ratings (CRISIL A1+, CARE A1+, ICRA A1+, IND A1+), indicating very low credit risk. Redemption timelines are short (2–3 months), making these instruments suitable for institutional investors seeking liquid, low-risk short-duration placements. No adverse market impact is anticipated; this is a routine expansion of debt market liquidity.
Impact Justification
Routine listing of multiple commercial papers on BSE debt segment; relevant to debt market participants and trading members dealing in these securities, but no regulatory changes or compliance obligations for equity investors.