Description

NSE announces listing of multiple commercial papers and debentures on the debt market segment effective December 18, 2025, including securities from Angel One, HDFC Securities, Godrej Industries, and others.

Summary

NSE has admitted multiple privately placed debt securities to the Debt Market Segment effective December 18, 2025. The circular lists fresh issues of commercial papers from seven companies (Angel One, HDFC Securities, Godrej Industries, Aditya Birla Capital, Nuvoco Vistas, Tata Consumer Products, and Kotak Securities) and debentures from two companies (Tata Chemicals and IIFL Finance), along with re-issue of commercial paper from ICICI Securities.

Key Points

  • 7 fresh commercial paper issues listed totaling 38,800 securities with face value of ₹500,000 each
  • Redemption dates for commercial papers range from January 22, 2026 to March 18, 2026
  • Angel One CP: 5,000 securities at issue price ₹490,714, redemption March 18, 2026
  • HDFC Securities CP: 4,300 securities at issue price ₹491,879, redemption March 18, 2026
  • Godrej Industries CP: 1,500 securities at issue price ₹492,413, redemption March 18, 2026
  • Aditya Birla Capital CP: 2,000 securities at issue price ₹496,815, redemption January 22, 2026
  • Nuvoco Vistas CP: 2,000 securities at issue price ₹492,232, redemption March 17, 2026
  • Tata Consumer Products CP: 3,000 securities at issue price ₹494,872.50, redemption February 17, 2026
  • Kotak Securities CP: 20,000 securities at issue price ₹491,874, redemption March 18, 2026
  • Tata Chemicals debentures: 150,000 securities at 7.06% coupon, face value ₹100,000, redemption December 15, 2028
  • IIFL Finance debentures: 6,500 securities at 8.50% coupon, face value ₹100,000, redemption December 18, 2028
  • ICICI Securities commercial paper re-issue also listed (details incomplete in source)

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations.

Compliance Requirements

No new compliance requirements. The listed securities are now available for trading on NSE’s Debt Market Segment with designated security codes as specified in the annexure.

Important Dates

  • Effective Date of Listing: December 18, 2025
  • Commercial Paper Allotment Dates: December 17-18, 2025
  • Commercial Paper Redemption Dates: January 22, 2026 to March 18, 2026
  • Debenture Allotment Dates: December 16-17, 2025
  • Debenture Redemption Dates: December 15, 2028 (Tata Chemicals), December 18, 2028 (IIFL Finance)

Impact Assessment

This is a routine administrative notification with minimal market impact. The listing provides secondary market liquidity for institutional investors holding these privately placed debt securities. No impact on equity markets or trading operations. The securities are now tradable on NSE’s debt segment with assigned ISINs and security codes.

Impact Justification

Routine administrative listing notification for debt securities with no direct impact on equity trading or market structure