Description
NSE announces listing of debt securities from HDFC Life Insurance Company Limited and Motilal Oswal Financial Services Limited effective December 17, 2025.
Summary
NSE has admitted two privately placed debt securities for trading on the capital market segment effective December 17, 2025. The securities are from HDFC Life Insurance Company Limited (7.63% coupon maturing Dec 2035) and Motilal Oswal Financial Services Limited (8.15% coupon maturing Dec 2028). Both securities will trade with a market lot size of 1.
Key Points
- Two debt securities admitted to NSE capital market segment
- HDFC Life Insurance: 7.63% 2035 Series 1 bonds (Symbol: 763HLICL35, ISIN: INE795G08050)
- Motilal Oswal Financial Services: 8.15% 2028 Series 2 bonds (Symbol: 815MOFS28, ISIN: INE338I07198)
- Market lot size: 1 unit for both securities
- Securities identified by designated codes for trading purposes
Regulatory Changes
No regulatory changes. This circular is issued pursuant to existing Regulation 3.1.1 and Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Members should note the new security codes and ISIN numbers for trading
- Trading must be conducted using designated codes only
- Lot sizes as specified must be adhered to
Important Dates
- Circular Date: December 16, 2025
- Effective Date: December 17, 2025
- HDFC Life Bond Maturity: December 15, 2035
- Motilal Oswal Bond Maturity: December 12, 2028
Impact Assessment
Minimal market impact as this is a routine administrative listing of privately placed debt securities. The circular facilitates secondary market trading for bondholders but does not affect equity markets or broader market operations. Only debt market participants and institutional investors holding these securities will be directly impacted.
Impact Justification
Routine listing of privately placed debt securities with minimal market impact; affects only bond market participants.