Description
NSE notification for listing of ICICI Securities Limited 7.45% 2028 Senior 1 debentures and corrections to Government T-Bill symbols effective November 26, 2025.
Summary
NSE has notified the listing of privately placed securities on the capital market segment effective November 26, 2025. The circular covers the listing of ICICI Securities Limited’s 7.45% debentures maturing in 2028 and provides corrections to previously notified Government Treasury Bill symbols and details.
Key Points
- ICICI Securities Limited 7.45% Senior 1 debentures (Symbol: 745ISL28) listed with market lot of 1
- Maturity date: November 24, 2028
- ISIN: INE763G08967
- Correction issued for three Government T-Bill symbols previously notified on November 19, 2025
- Trading to be conducted using designated security codes only
- Lot sizes as specified in the annexure must be followed
Regulatory Changes
No new regulatory changes introduced. This circular implements existing regulations under:
- Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A (admission to dealings)
- Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A (lot sizes)
Compliance Requirements
- Members must use designated security codes for trading these securities
- Trading must be conducted in specified lot sizes only
- Securities identified by codes: 745ISL28 (ICICI Securities), 91D190226, 182D210526, 364D191126 (T-Bills)
Important Dates
- Effective Date: November 26, 2025
- Debenture Maturity: November 24, 2028
- T-Bill Maturities:
- 91D T-Bill: February 19, 2026
- 182D T-Bill: May 21, 2026
- 364D T-Bill: November 19, 2026
- Reference Circular: NSE/CML/71370 dated November 19, 2025 (corrected)
Impact Assessment
Market Impact: Low - This is a routine listing notification affecting debt securities markets. The listing of ICICI Securities debentures provides additional investment options for debt market participants but does not significantly alter market dynamics.
Operational Impact: Minimal - Members need to update their systems with new security codes and correct T-Bill symbols. The corrections to previously notified T-Bill details ensure accurate trading and settlement operations.
Investor Impact: Limited to debt investors interested in ICICI Securities fixed-income instruments or Government T-Bills. The 7.45% coupon rate on a 3-year tenor provides clarity for investment decisions.
Impact Justification
Routine listing notification for privately placed debt securities with limited market-wide impact, primarily affecting debt market participants and ICICI Securities investors