Description
NSE announces listing of two series of privately placed debentures issued by Toyota Financial Services India Limited on the capital market segment effective December 22, 2025.
Summary
NSE has admitted two series of privately placed debentures issued by Toyota Financial Services India Limited for trading on the capital market segment. The securities will commence trading from December 22, 2025, with designated security codes 708TFSIL27 and 722TFSI28, both having a market lot size of 1.
Key Points
- Two debenture series of Toyota Financial Services India Limited listed on NSE capital market segment
- Series 1: TFSIL 7.08% 2027 Sr S57 with ISIN INE692Q07621, maturing November 18, 2027
- Series 2: TFSIL 7.22% 2028 Sr S58 with ISIN INE692Q07613, maturing November 17, 2028
- Both securities will trade in N0 series with market lot size of 1
- Trading commences December 22, 2025
- Securities identified by designated codes: 708TFSIL27 and 722TFSI28
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to existing regulations.
Compliance Requirements
- Members must use designated security codes (708TFSIL27 and 722TFSI28) for trading these securities on the system
- Trading must be conducted in specified lot sizes (market lot of 1 for both securities)
- Compliance with Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A
Important Dates
- Circular Date: December 19, 2025
- Effective Date: December 22, 2025 (trading commencement)
- Maturity Date (Series S57): November 18, 2027
- Maturity Date (Series S58): November 17, 2028
Impact Assessment
This circular has minimal market-wide impact as it pertains to privately placed debt securities with limited liquidity and investor base. The listing provides:
- Additional fixed-income investment options for institutional investors
- Enhanced secondary market liquidity for existing holders of these private placements
- Coupon rates of 7.08% and 7.22% reflect prevailing interest rate environment for corporate debt
- No impact on equity markets or broader market participants
- Routine administrative listing that expands the debt securities universe on NSE
Impact Justification
Routine listing of privately placed debt securities with limited market-wide impact, affecting only specific institutional investors in Toyota Financial Services India debentures