Description

NSE notifies the listing of various commercial papers and debt securities from multiple companies including Godrej & Boyce, ICICI Securities, Power Grid Corporation, and others on the debt market segment.

Summary

NSE has admitted various privately placed securities to dealings on the Debt Market Segment effective December 12, 2025. The listing includes commercial papers from 9 issuers and debt securities from Power Grid Corporation of India Limited, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Key Points

  • Total of 9 commercial paper issuances listed with redemption dates in March 2026
  • One bond issuance from Power Grid Corporation of India Limited (7.02% 2035)
  • All commercial papers have face value of ₹5,00,000 per unit
  • Issue prices range from ₹4,91,640.5 to ₹4,92,686.5 for commercial papers
  • Allotment dates are December 11-12, 2025
  • Commercial papers have 90-91 day tenure

Commercial Papers Listed

  1. Godrej & Boyce Mfg Co Ltd - 10,000 units, ISIN: INE982D14BJ7, redemption: March 12, 2026
  2. Aditya Birla Money Limited - 2,000 units, ISIN: INE865C14PC1, redemption: March 12, 2026
  3. Cholamandalam Securities Limited - 1,800 units (Series 6), ISIN: INE04JX14140, redemption: March 12, 2026
  4. Export Import Bank of India - 50,000 units (Series 7), ISIN: INE514E14TA7, redemption: March 12, 2026
  5. HSBC Investdirect Financial Services (I) Limited - 1,000 units (Series 41), ISIN: INE790I14HD3, redemption: March 12, 2026
  6. ICICI Securities Limited - 31,000 units, ISIN: INE763G14D60, redemption: March 12, 2026
  7. Welspun Corp Limited - 2,000 units, ISIN: INE191B14762, redemption: March 11, 2026
  8. Godrej Industries Limited - 1,500 units (Series 128), ISIN: INE233A145T4, redemption: March 12, 2026
  9. Axis Securities Limited - 11,000 units (Series 56), ISIN: INE110O14HC4, redemption: March 13, 2026

Debt Securities Listed

Power Grid Corporation of India Limited

  • Security: PGC 7.02% 2035 Series LXXXIII
  • ISIN: INE752E08809
  • Quantity: 370,400 units
  • Face value data incomplete in circular

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under existing regulations.

Compliance Requirements

No new compliance requirements for market participants. Standard debt market trading regulations apply to these newly listed securities.

Important Dates

  • Effective Date of Listing: December 12, 2025
  • Allotment Dates: December 11-12, 2025
  • Redemption Dates: March 11-13, 2026 (for commercial papers)
  • Redemption Date: 2035 (for Power Grid bond)

Impact Assessment

This is a routine administrative notification with minimal market impact. The listing of these debt securities provides:

  • Additional short-term debt instruments for institutional investors
  • Increased liquidity options in the debt market segment
  • No impact on equity markets or retail investors
  • Standard corporate funding activities through commercial paper route

Impact Justification

Routine listing notification for privately placed debt securities with no market-wide impact