Description
NSE announces listing of new debt securities from Western Capital Advisors, Aditya Birla Capital, and Tata Power Renewable Energy effective September 4, 2025.
Summary
NSE has announced the listing of three privately placed debt securities on the capital market segment, effective September 4, 2025. The securities include bonds from Western Capital Advisors Private Limited (10.75% coupon, 2028 maturity), Aditya Birla Capital Limited (0% coupon, 2029 maturity), and Tata Power Renewable Energy Limited (7.65% coupon, 2040 maturity).
Key Points
- Three new debt securities admitted to NSE capital market segment
- All securities have market lot size of 1
- Trading to commence September 4, 2025
- Securities identified by designated codes: 1075WCAP28, ABCL020925, 765TPREL40
- Covers bonds with varying coupon rates from 0% to 10.75%
- Maturity periods range from 2028 to 2040
Regulatory Changes
No regulatory changes. This is a standard listing notification under existing NSE Capital Market Trading Regulations Part A, specifically Regulation 3.1.1 and 2.5.5.
Compliance Requirements
- Members must use designated security codes for trading
- Trading must be conducted in specified lot sizes (all set to 1)
- Securities identification limited to designated codes only
Important Dates
- Effective Date: September 4, 2025
- Circular Date: September 3, 2025
- Maturity Dates: September 1, 2028 (WCAP), May 30, 2029 (ABCL), and 2040 (TPREL)
Impact Assessment
Minimal market impact as this involves routine listing of privately placed debt securities. The addition of three new tradeable instruments provides more options for debt market participants but represents standard market expansion activity rather than significant market changes.
Impact Justification
Routine listing of debt securities with limited market impact