Description
NSE notifies the listing of debt securities of Trust Investment Advisors Private Limited and Gaursons India Private Limited on the capital market segment effective December 31, 2025.
Summary
NSE has announced the listing of privately placed debt securities from two companies on its Capital Market segment effective December 31, 2025. The circular notifies the admission of debentures from Trust Investment Advisors Private Limited and Gaursons India Private Limited for trading, along with their designated security codes and lot sizes.
Key Points
- Two debt securities admitted to dealings on NSE Capital Market segment
- Trust Investment Advisors Private Limited: 8.8% debentures maturing November 21, 2029 (Symbol: 88TIAPL29)
- Gaursons India Private Limited: 10.96% debentures maturing December 26, 2028 (Symbol: 1096GIPL28)
- Market lot size for both securities: 1 unit
- Securities to be identified by designated codes for trading purposes
- Listing pursuant to Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A
Securities Details
Trust Investment Advisors Private Limited
- Symbol: 88TIAPL29
- Series: N0
- Issue Description: TIAPL 8.8% 2029 Sr V
- Coupon Rate: 8.8%
- Maturity Date: November 21, 2029
- ISIN: INE723X07273
- Market Lot: 1
Gaursons India Private Limited
- Symbol: 1096GIPL28
- Series: N0
- Issue Description: GIPL 10.96% 2028 Sr 1
- Coupon Rate: 10.96%
- Maturity Date: December 26, 2028
- ISIN: INE1BEC08019
- Market Lot: 1
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification pursuant to existing regulations.
Compliance Requirements
- Trading members must use designated security codes for trading these securities
- Trading must be conducted in the specified lot sizes (1 unit for both securities)
- Compliance with Regulation 3.1.1 and Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
Important Dates
- Circular Issue Date: December 30, 2025
- Effective Date: December 31, 2025
- TIAPL Maturity Date: November 21, 2029
- GIPL Maturity Date: December 26, 2028
Impact Assessment
This circular has minimal market impact as it pertains to routine listing of privately placed debt securities. The listing provides liquidity options for existing debenture holders but does not affect broader market operations. Both securities have relatively small market lots (1 unit), indicating these are institutional-grade debt instruments with limited retail participation expected.
Impact Justification
Routine listing notification for privately placed debt securities with limited market impact as these are non-convertible debentures with market lot size of 1.