Description

NSE announces listing of three privately placed debt securities from SMFG India Home Finance, Afcons Infrastructure, and Cholamandalam Investment with effect from October 17, 2025.

Summary

NSE has announced the listing of three privately placed debt securities on its Capital Market segment effective October 17, 2025. The securities are issued by SMFG India Home Finance Company Limited (7.30% coupon maturing Oct 2028), Afcons Infrastructure Limited (8.40% coupon maturing Oct 2028), and Cholamandalam Investment and Finance Company Limited (7.58% coupon maturing Oct 2030). All securities have a market lot size of 1.

Key Points

  • Three new privately placed debt securities admitted to trading on NSE Capital Market segment
  • SMFG India Home Finance: 7.30% 2028 PP Sr 32 (Symbol: 730SIHF28, ISIN: INE213W07343)
  • Afcons Infrastructure: 8.40% 2028 (Symbol: 84AIL28, ISIN: INE101I08081)
  • Cholamandalam Investment: 7.58% 2030 Sr 655 (Symbol: 758CIFL30, ISIN: INE122A08363)
  • Market lot size for all securities: 1 unit
  • Securities identified by designated codes for trading purposes

Regulatory Changes

No regulatory changes. This circular is issued pursuant to existing 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 designated security codes for these securities
  • Trading must be conducted in specified lot sizes (1 unit for all three securities)
  • Members must ensure systems are updated to recognize new security codes before trading commences

Important Dates

  • Circular Date: October 16, 2025
  • Effective Date: October 17, 2025 (listing and trading commencement)
  • Maturity Dates:
    • SMFG India Home Finance: October 13, 2028
    • Afcons Infrastructure: October 13, 2028
    • Cholamandalam Investment: October 14, 2030

Impact Assessment

This circular has minimal market-wide impact as it pertains to privately placed debt securities typically held by institutional investors. The listing provides liquidity options for existing holders but does not affect equity markets or retail investors. The three issuers gain additional funding channels through listed debt instruments. Market lot size of 1 provides flexibility for institutional trading.

Impact Justification

Routine listing of privately placed debt securities affecting only specific institutional investors. No broad market impact.