Description

BSE admits privately placed debt securities of Lucina Land Development Limited (ISIN: INE0JZO07057) to trading on the Debt Segment effective April 27, 2026, with a 12.95% p.a. interest rate and redemption on January 30, 2029.

Summary

BSE has listed and admitted to trading the privately placed debt securities of Lucina Land Development Limited on the BSE Debt Segment with effect from April 27, 2026. The instrument carries a 12.95% per annum interest rate and matures on January 30, 2029.

Key Points

  • Scrip Code: 977736 | Scrip ID: 1295LLDL29 | ISIN: INE0JZO07057
  • 13,500 units issued at face value and issue price of Rs. 1,00,000 each (total issue size: Rs. 135 crore)
  • Credit Rating: IVR A- (CE)/STABLE
  • Trading permitted only in dematerialised form
  • Tick size: 1 paise
  • Market lot: 1 unit
  • Date of allotment: April 23, 2026
  • Interest rate: 12.95% p.a., paid monthly
  • Placement Memorandum available on BSE website

Regulatory Changes

No regulatory changes. This is a standard fresh listing notification under the BSE Debt Segment framework for privately placed securities.

Compliance Requirements

  • Trading members must trade this security only in dematerialised form using the assigned ISIN (INE0JZO07057).
  • For clarifications, trading members may contact the BSE Debt Department at 22728352 / 8597 / 8995 / 5753 / 8915.
  • Reference the Placement Memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details.

Important Dates

  • Date of Allotment: April 23, 2026
  • Listing Effective Date: April 27, 2026
  • First Interest Payment: April 30, 2026
  • Interest Payment Schedule: Monthly from April 30, 2026 to January 30, 2029
  • Date of Redemption: January 30, 2029

Impact Assessment

This is a routine listing notification with limited market impact. The instrument is a privately placed corporate bond of Lucina Land Development Limited rated IVR A- (CE)/STABLE, indicating moderate credit quality with credit enhancement. With a face value of Rs. 1,00,000 per unit and 13,500 units, the total issue size is Rs. 135 crore. The 12.95% coupon is consistent with the A- rated segment. Trading members active in the BSE Debt Segment should update their systems with the new scrip details.

Impact Justification

Routine admission of a single privately placed debt instrument to trading on BSE Debt Segment. Affects only trading members dealing in this specific security; no broader market or regulatory implications.