Description

NSE notifies listing of Power Grid Corporation of India Limited's 7.02% bonds maturing in 2035 on the capital market segment effective December 15, 2025.

Summary

NSE has admitted Power Grid Corporation of India Limited’s privately placed bonds (7.02% coupon, maturing December 12, 2035) for trading on the capital market segment. The securities will be available for trading from December 15, 2025, with designated symbol 702PGCIL35 in N0 series and market lot size of 1.

Key Points

  • Issuer: Power Grid Corporation of India Limited
  • Security: PGC 7.02% 2035 LXXXIII bonds
  • Trading Symbol: 702PGCIL35
  • Series: N0
  • Market Lot Size: 1 unit
  • ISIN Code: INE752E08809
  • Coupon Rate: 7.02% per annum
  • Maturity Date: December 12, 2035
  • Listing effective from December 15, 2025

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification pursuant to Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Market participants must use the designated security code 702PGCIL35 for trading purposes
  • Trading must be conducted in the specified market lot size of 1 unit
  • Compliance with Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A regarding lot sizes

Important Dates

  • Circular Issue Date: December 12, 2025
  • Effective Date: December 15, 2025 (securities admitted to trading)
  • Maturity Date: December 12, 2035 (bond maturity)

Impact Assessment

This circular has minimal market-wide impact as it relates to a single privately placed debt security listing. The admission of Power Grid Corporation bonds provides additional fixed-income investment options for institutional investors and qualified buyers. The market lot size of 1 unit allows for flexible trading. This is part of routine listing operations and does not affect equity market operations or introduce new compliance obligations for the broader market.

Impact Justification

Routine listing notification for privately placed debt securities of a single issuer with limited market-wide impact