Description
BSE admits three new commercial papers to trading on its Debt Segment effective April 30, 2026, issued by SBICAP Securities Limited, CNH Industrial Capital (India) Private Limited, and Bajaj Financial Securities Limited on a private placement basis.
Summary
BSE has listed and admitted to trading three new commercial papers on its Debt Segment effective April 30, 2026. The securities were issued on a private placement basis by SBICAP Securities Limited, CNH Industrial Capital (India) Private Limited, and Bajaj Financial Securities Limited. All securities will trade exclusively in dematerialised form with a tick size of 1 paise and a standard denomination of Rs. 5 Lakhs and multiples thereof.
Key Points
- Three commercial papers freshly listed on BSE Debt Segment effective April 30, 2026
- All securities tradeable only in dematerialised form
- Standard denomination: Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise for all listed securities
- Further details available via BSE Placement Memorandum portal: https://www.bseindia.com/markets/debt/memorandum_data.aspx
- Contact: BSE Debt Department at 22728352/8597/8995/5753/8915 for clarifications
Regulatory Changes
No regulatory changes. This is a standard operational notice informing trading members of new debt instrument admissions under existing private placement listing framework.
Compliance Requirements
- Trading members must ensure all transactions in these securities occur only in dematerialised form
- Trading must conform to standard denomination of Rs. 5 Lakhs and multiples thereof
- Members should refer to the Placement Memorandum on the BSE portal for full instrument details
Important Dates
| Security | Allotment Date | Redemption Date |
|---|---|---|
| SBICAP Securities CP (INE212K14DX1) | 29/04/2026 | 29/05/2026 |
| CNH Industrial Capital CP (INE0P4D14275) | 29/04/2026 | 29/07/2026 |
| Bajaj Financial Securities CP | 29/04/2026 | Not disclosed (truncated) |
- Listing effective date: April 30, 2026
Impact Assessment
SBICAP Securities Limited (Scrip Code: 731570, ISIN: INE212K14DX1)
- Quantity: 3,000 units | Face Value: Rs. 5,00,000 | Issue Price: Rs. 4,97,331
- Rate: 6.53% p.a. (cumulative) | Rating: CRISIL A1+, ICRA A1+
- Issuing & Paying Agent: State Bank of India
- Short-tenure instrument maturing in ~30 days
CNH Industrial Capital (India) Pvt. Ltd. (Scrip Code: 731571, ISIN: INE0P4D14275)
- Quantity: 2,000 units | Face Value: Rs. 5,00,000 | Issue Price: Rs. 4,91,725
- Rate: 6.75% p.a. (cumulative) | Rating: CRISIL A1+, IND A1+
- Issuing & Paying Agent: HDFC Bank Ltd
- Approximately 3-month tenure instrument
Bajaj Financial Securities Limited
- Quantity: 3,000 units | Face Value: Rs. 5,00,000
- Full details truncated in source document
All instruments carry top-tier short-term ratings (A1+), indicating very low credit risk. Market impact is limited to institutional and debt market participants.
Impact Justification
Routine admission of privately placed commercial papers to BSE Debt Segment; affects only institutional debt market participants and holders of specific ISINs. No regulatory changes or broad market impact.