Description
NSE admits privately placed commercial papers and debt securities from 10 companies for trading on debt market segment effective July 29, 2025.
Summary
NSE has admitted privately placed securities from 10 companies for trading on the debt market segment effective July 29, 2025. The listing includes 9 commercial paper issues and 1 debt security, with face values of ₹5 lakh each for commercial papers and ₹1 lakh for the debt security.
Key Points
- 9 commercial paper issues listed from companies including Angel One, Godrej Properties, ICICI Securities, IIFL Finance, and others
- 1 debt security from Piramal Finance Limited (9.00% JUN 2027) with ₹70 crore issue size
- All commercial papers have ₹5 lakh face value with varying issue prices and redemption dates
- Securities allotted on July 28, 2025 with redemption periods ranging from 2 to 11 months
- Total commercial paper value approximately ₹1,283 crore across all issues
Regulatory Changes
No regulatory changes introduced. This is a routine notification under Regulation 3.1.1 of NSE Debt Market Trading Regulations.
Compliance Requirements
- Listed companies must comply with ongoing disclosure requirements for debt securities
- Trading members can now deal in these securities on the debt market segment
- Securities assigned specific ISIN codes for trading identification
Important Dates
- Effective Date: July 29, 2025
- Allotment Date: July 28, 2025 (for all securities)
- Redemption Dates: Range from September 26, 2025 to June 22, 2026
Impact Assessment
Market Impact: Medium - Provides additional debt instruments for institutional investors and enhances market liquidity in corporate debt segment.
Operational Impact: Low - Routine listing process with established procedures. Enables secondary market trading for these privately placed securities, offering exit options for investors.
Impact Justification
Routine listing of debt securities affecting multiple companies' funding instruments