Description

NSE announces the listing of privately placed commercial paper securities from multiple companies effective October 27, 2025, including issues from Godrej Agrovet, Axis Securities, HDFC Securities, IIFL Finance, and others.

Summary

NSE has admitted privately placed commercial paper securities to trading on its Debt Market Segment effective October 27, 2025. The circular lists 10 commercial paper issuances from various companies including Godrej Agrovet Limited, Godrej Industries Limited, Axis Securities Limited, HDFC Securities Limited, Piramal Finance Limited, Small Industries Development Bank of India, IIFL Finance Limited, and Bahadur Chand Investments Private Limited.

Key Points

  • Total of 10 commercial paper securities listed on NSE Debt Market Segment
  • All securities are fresh issues of commercial paper
  • Face value of all securities is Rs. 5,00,000 per unit
  • Issue prices range from Rs. 4,69,034 to Rs. 4,94,888.5 per unit
  • Quantities range from 500 to 51,000 securities
  • All securities were allotted on October 24, 2025
  • Redemption dates range from December 24, 2025 to September 4, 2026
  • Each security has been assigned a unique ISIN code

Regulatory Changes

No regulatory changes introduced. This circular is issued in pursuance of existing Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Compliance Requirements

No new compliance requirements. This is an informational circular notifying members of the admission of specified securities to the debt market segment.

Important Dates

  • Circular Date: October 27, 2025
  • Effective Date for Trading: October 27, 2025
  • Allotment Date (all securities): October 24, 2025
  • Redemption Dates: Range from December 24, 2025 to September 4, 2026 depending on the security

Impact Assessment

Market Impact: Low - This is a routine listing notification for debt market instruments. The listing of these commercial paper securities provides additional short-term debt investment options for institutional investors in the debt market segment.

Operational Impact: Minimal - Exchange members are simply notified of new securities available for trading. No operational changes or system modifications required.

Investor Impact: Limited to institutional investors and participants in the debt market segment who deal in commercial paper. These are privately placed securities not available to retail investors.

Impact Justification

Routine administrative circular notifying listing of privately placed commercial paper securities on debt market segment, affecting only institutional debt market participants