Description
Two new debt securities admitted to trading on NSE Capital Market segment effective October 14, 2025 - LTFL 7.2190% 2028 Sr I and AIFL 7.6825% 2027 Sr G1.
Summary
NSE has notified the listing of two privately placed debt securities on the Capital Market segment effective October 14, 2025. The securities are debentures issued by L&T Finance Limited (7.2190% maturing November 2028) and Aseem Infrastructure Finance Limited (7.6825% maturing October 2027). Both securities will trade with market lot size of 1.
Key Points
- Two new debt securities admitted to dealings on NSE Capital Market segment
- L&T Finance Limited: LTFL 7.2190% 2028 Sr I (Symbol: 72190LTFL2, ISIN: INE498L07194)
- Aseem Infrastructure Finance Limited: AIFL 7.6825% 2027 Sr G1 (Symbol: 76825AIFL2, ISIN: INE0AD507192)
- Both securities designated to Series N0 with market lot size of 1
- Trading to commence October 14, 2025
- Securities identified by designated codes for trading system purposes
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification pursuant to existing NSE Capital Market Trading Regulations Part A (Regulation 3.1.1 and 2.5.5).
Compliance Requirements
- Market participants must use designated security codes for trading these instruments
- Trading must be conducted in specified lot sizes (market lot of 1 for both securities)
- Compliance with NSE Capital Market Trading Regulations Part A applicable to debt securities
Important Dates
- Circular Date: October 13, 2025
- Effective Date: October 14, 2025 (trading commencement)
- L&T Finance Maturity: November 10, 2028
- Aseem Infrastructure Maturity: October 8, 2027
Impact Assessment
Market Impact: Minimal. This is a routine administrative notification for privately placed debt securities listing. The impact is limited to investors and entities dealing specifically with these debt instruments.
Operational Impact: Neutral. Market participants trading in debt securities need to note the new symbols and ISINs for trading purposes.
Investor Impact: Low. Provides additional investment options in the debt segment with coupon rates of 7.22% and 7.68% respectively, offering moderate yield opportunities for debt investors.
Security Details
L&T Finance Limited
- Symbol: 72190LTFL2
- Issue Description: LTFL 7.2190% 2028 Sr I
- Coupon Rate: 7.22%
- Maturity Date: November 10, 2028
- ISIN: INE498L07194
- Series: N0
- Market Lot: 1
Aseem Infrastructure Finance Limited
- Symbol: 76825AIFL2
- Issue Description: AIFL 7.6825% 2027 Sr G1
- Coupon Rate: 7.68%
- Maturity Date: October 8, 2027
- ISIN: INE0AD507192
- Series: N0
- Market Lot: 1
Impact Justification
Routine listing notification for privately placed debt securities with limited market-wide impact, affecting only specific debt instrument investors