Description

NSE notifies listing of privately placed debt securities from Trust Investment Advisors Private Limited and Toyota Financial Services India Limited on capital market segment effective October 06, 2025.

Summary

NSE has admitted two privately placed debt securities to trading on the capital market segment effective October 06, 2025. The securities are bonds issued by Trust Investment Advisors Private Limited (8.85% coupon, maturing Feb 2029) and Toyota Financial Services India Limited (7.24% coupon, maturing Dec 2027). Both securities will trade with a market lot size of 1.

Key Points

  • Two new debt securities admitted to NSE capital market segment
  • Trust Investment Advisors Private Limited: 8.85% 2029 Sr IV (Symbol: 885TIAPL29, ISIN: INE723X07265)
  • Toyota Financial Services India Limited: 7.24% 2027 Sr S54 (Symbol: 724TFSIL27, ISIN: INE692Q07589)
  • Market lot size: 1 unit for both securities
  • Trading identification by designated security codes only

Regulatory Changes

No regulatory changes. This is a standard listing notification pursuant to Regulation 3.1.1 and Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Members must use designated security codes (885TIAPL29 and 724TFSIL27) for trading identification
  • Trading must be conducted in specified lot sizes (1 unit for both securities)
  • Securities available for trading from October 06, 2025

Important Dates

  • Circular Date: October 03, 2025
  • Effective Date: October 06, 2025
  • TIAPL Bond Maturity: February 28, 2029
  • TFSIL Bond Maturity: December 15, 2027

Impact Assessment

Minimal market impact. This is a routine administrative notification for listing of privately placed bonds. The securities are debt instruments with limited secondary market trading expected. Impact is restricted to investors specifically interested in these corporate bonds. The listing expands debt market options but does not affect broader equity market operations or existing listed securities.

Impact Justification

Routine listing of privately placed debt securities with minimal market-wide impact; affects only specific bond investors