Description
NSE announces listing of RARL 16.50% 2028 Sr V debentures on capital market segment effective October 13, 2025.
Summary
National Stock Exchange notifies the listing of privately placed debentures of Rare Asset Reconstruction Limited on the capital market segment. The security, RARL 16.50% 2028 Series V, will be admitted to trading effective October 13, 2025, with designated symbol 165RARL28 and market lot size of 1.
Key Points
- Issuer: Rare Asset Reconstruction Limited
- Security: RARL 16.50% 2028 Sr V debentures
- Trading Symbol: 165RARL28
- Series: N0
- Market Lot Size: 1 unit
- Coupon Rate: 16.5% per annum
- Maturity Date: June 30, 2028
- ISIN Code: INE03UZ07031
- Effective Date: October 13, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Trading members must use the designated security code 165RARL28 for system identification
- All trades must be executed in the specified market lot size of 1 unit
- Members should update their systems to reflect the new security listing before October 13, 2025
Important Dates
- Circular Issue Date: October 10, 2025
- Effective Trading Date: October 13, 2025
- Security Maturity Date: June 30, 2028
Impact Assessment
Limited market impact. This is a routine administrative notification for listing of a single privately placed debt security. The listing provides an additional trading avenue for investors holding these debentures. The relatively high coupon rate of 16.5% may attract interest from debt investors seeking higher yields. No immediate action required by general market participants unless specifically interested in this security.
Impact Justification
Routine listing notification for a single privately placed debt security with limited market-wide impact