Description

BSE lists new Commercial Papers on its Debt Market Segment for Dolat Algotech Limited, Bajaj Finance Limited, and Infina Finance Private Limited, effective May 12, 2026, all allotted on May 11, 2026.

Summary

BSE has notified trading members that new Commercial Papers (CPs) issued on a private placement basis by Dolat Algotech Limited, Bajaj Finance Limited, and Infina Finance Private Limited have been listed and admitted to trading on the BSE Debt Segment effective May 12, 2026. All securities were allotted on May 11, 2026, and will trade exclusively in dematerialised form.

Key Points

  • Five CP instruments across three issuers are freshly listed on the BSE Debt Segment
  • Standard denomination for trading: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • All securities trade in dematerialised form only
  • Clarifications can be sought from the BSE Debt Department: 22728352 / 8597 / 8995 / 5753 / 8915
  • Notice signed by Hardik Bhuta, Assistant Vice President, BSE

Newly Listed Securities

IssuerScrip CodeScrip IDISINQuantityIssue Price (Rs.)Redemption DateRateCredit RatingPaying Agent
Dolat Algotech Limited731636DAL110526INE966A140822004,64,170.0029/03/20278.75% p.a.CRISIL A1+Axis Bank Limited
Dolat Algotech Limited731637DAL11526INE966A140901404,79,427.5006/11/20268.75% p.a.CRISIL A1+Axis Bank Limited
Bajaj Finance Limited731634BFL110526INE296A14G771,5004,91,423.5010/08/20267.0% p.a.CRISIL A1+, ICRA A1+ICICI Bank Limited
Infina Finance Pvt. Ltd.731638IFPL110526INE879F14NA44,5004,90,942.5010/08/20267.40% p.a.CRISIL A1+, ICRA A1+ICICI Bank Limited

Regulatory Changes

No regulatory changes. This is a standard listing notification under BSE’s DCS-Listing framework for privately placed debt securities.

Compliance Requirements

  • Trading members must ensure all transactions in these securities are conducted in dematerialised form
  • Trading must occur in standard denominations of Rs. 5 Lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all trades

Important Dates

  • Allotment Date: May 11, 2026 (all instruments)
  • Listing/Trading Effective Date: May 12, 2026
  • Redemption – Dolat Algotech CP (INE966A14090): November 6, 2026
  • Redemption – Bajaj Finance CP (INE296A14G77): August 10, 2026
  • Redemption – Infina Finance CP (INE879F14NA4): August 10, 2026
  • Redemption – Dolat Algotech CP (INE966A14082): March 29, 2027

Impact Assessment

This is a routine operational circular with limited broad market impact. It is relevant to debt market participants and trading members active on BSE’s Debt Segment. All four instruments carry top-tier short-term credit ratings (CRISIL A1+ and/or ICRA A1+), indicating low credit risk. The largest issuance by volume is Infina Finance’s CP (4,500 units, ~Rs. 225 crore face value), followed by Bajaj Finance (1,500 units, ~Rs. 75 crore). Dolat Algotech’s two tranches are smaller. No action required by equity market participants.

Impact Justification

Routine debt segment listing notification for privately placed Commercial Papers across three issuers. No regulatory change; operational relevance limited to trading members active in the BSE Debt Segment.