Description

NSE notifies the listing of privately placed debt securities including commercial papers and other debt securities on the debt market segment effective October 06, 2025.

Summary

NSE has admitted privately placed debt securities to dealings on its Debt Market Segment effective October 06, 2025. The circular lists fresh issues of commercial papers from Godrej Industries Limited, ICICI Securities Limited, and a pass-through certificate from Loanx Bramble Sep 2025. It also includes re-issues of commercial papers from Kotak Securities Limited and ICICI Securities Limited.

Key Points

  • Fresh issue: Godrej Industries Limited CP with 1,500 securities, face value ₹5,00,000, maturing January 02, 2026
  • Fresh issue: ICICI Securities Limited CP with 5,000 securities, face value ₹5,00,000, maturing April 20, 2026
  • Fresh issue: Loanx Bramble Sep 2025 11.50% PTC 2030 Sr A1 with 8,145 securities, face value ₹10,000, maturing January 22, 2030
  • Re-issue: Kotak Securities Limited CP with 1,000 securities, face value ₹5,00,000, maturing December 19, 2025
  • Re-issue: ICICI Securities Limited CP with 4,000 securities, face value ₹5,00,000, maturing December 29, 2025
  • All securities allotted on October 03, 2025

Regulatory Changes

No regulatory changes. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Compliance Requirements

No specific compliance actions required from members. This is an informational circular notifying members of newly listed debt securities available for trading.

Important Dates

  • Effective Date of Listing: October 06, 2025
  • Allotment Date: October 03, 2025 (all securities)
  • Redemption Dates:
    • Godrej Industries CP: January 02, 2026
    • ICICI Securities CP (fresh): April 20, 2026
    • Loanx Bramble PTC: January 22, 2030
    • Kotak Securities CP: December 19, 2025
    • ICICI Securities CP (re-issue): December 29, 2025

Impact Assessment

Minimal market impact. This is a standard administrative notification regarding the listing of privately placed debt securities. The circular provides market participants with information about newly available debt instruments for trading on the NSE debt market segment. The securities listed include short-term commercial papers and one longer-term pass-through certificate, expanding the universe of debt instruments available for trading.

Impact Justification

Routine listing notification for privately placed debt securities with no broader market impact