Description
NSE notifies listing of privately placed debt securities of Sundaram Home Finance Limited with 6.98% coupon rate maturing in November 2028, effective November 25, 2025.
Summary
National Stock Exchange has notified the listing of privately placed debt securities issued by Sundaram Home Finance Limited on the Capital Market segment. The securities, designated as SHFL 6.98% 2028 Sr 354, will be available for trading from November 25, 2025. The debentures carry a coupon rate of 6.98% per annum and mature on November 21, 2028.
Key Points
- Security Symbol: 698SHFL28 (Series N0)
- Issuer: Sundaram Home Finance Limited
- Coupon Rate: 6.98% per annum
- Maturity Date: November 21, 2028
- ISIN Code: INE667F07JF4
- Market Lot Size: 1 unit
- Issue Description: SHFL 6.98% 2028 Sr 354
- Trading to commence on November 25, 2025
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification pursuant to Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Trading members must identify the security using designated code 698SHFL28
- Trading must be conducted in the specified market lot size of 1 unit
- Members must comply with Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A regarding lot sizes
Important Dates
- Circular Date: November 24, 2025
- Effective Date: November 25, 2025
- Maturity Date: November 21, 2028
Impact Assessment
This circular has minimal market-wide impact as it pertains to a single privately placed debt security. The listing provides liquidity options for existing bondholders of Sundaram Home Finance Limited’s debt instruments. The security will be available for secondary market trading on NSE’s Capital Market segment, allowing investors to buy and sell these bonds. This is a standard administrative notification with no broader implications for market operations or trading practices.
Impact Justification
Routine listing notification for a single privately placed debt security with limited market-wide impact, primarily relevant to specific bondholders and the issuer