Description

NSE announces listing of commercial papers and debt securities from multiple companies including Sundaram Finance, Godrej Agrovet, Vedika Credit Capital, and Aditya Birla Capital.

Summary

NSE has admitted privately placed debt securities to trading on its Debt Market Segment effective August 1, 2025. The listing includes commercial papers from Sundaram Finance Limited and Godrej Agrovet Limited, along with debt securities from Vedika Credit Capital Limited and Aditya Birla Capital Limited.

Key Points

  • Fresh commercial paper issues from Sundaram Finance (₹50 crore, 1-year tenure) and Godrej Agrovet (₹25 crore total across two series)
  • New debt securities from Vedika Credit Capital (₹60 crore at 10.25% coupon) and Aditya Birla Capital (₹1,000 crore and ₹300 crore issues)
  • Re-issues of Godrej Agrovet commercial paper series totaling ₹75 crore
  • All securities admitted under NSE Debt Market Trading Regulations 3.1.1

Regulatory Changes

No regulatory changes announced. This is a routine listing notification under existing regulations.

Compliance Requirements

  • Securities must comply with NSE Debt Market Trading Regulations
  • Listed securities subject to standard debt market segment trading rules
  • Issuers must maintain ongoing compliance with listing requirements

Important Dates

  • Effective Date: August 1, 2025
  • Allotment Dates: July 31, 2025 to August 1, 2025
  • Redemption Dates: Range from October 2025 to July 2030 depending on security

Impact Assessment

Minimal market impact as this represents routine debt security listings. Provides additional investment options for debt market participants and enhances liquidity in the debt segment. The listings support corporate funding requirements through capital markets.

Impact Justification

Routine listing announcement for debt securities with limited market impact