Description

NSE lists privately placed commercial papers and debentures from Godrej Industries, Godrej Properties, Angel One, ICICI Securities, and Vedika Credit Capital on the debt market segment.

Summary

NSE has admitted privately placed debt securities to trading on the Debt Market Segment effective January 6, 2026. The circular lists commercial papers (CPs) from Godrej Industries Limited (2 series), Godrej Properties Limited (2 series), Angel One Limited (2 series), ICICI Securities Limited (1 re-issue), and debentures from Vedika Credit Capital Limited.

Key Points

  • Total Securities Listed: 7 commercial papers (6 fresh issues, 1 re-issue) and 1 debenture
  • Godrej Industries: 2 CPs worth ₹150 crore each, maturing June 2026
  • Godrej Properties: 2 CPs worth ₹150 crore and ₹100 crore, maturing March 2026
  • Angel One: 2 CPs worth ₹50 crore and ₹100 crore, maturing January 2027 and March 2026
  • ICICI Securities: Re-issue of CP worth ₹150 crore, maturing March 2026
  • Vedika Credit Capital: Debentures worth ₹45 crore at 12.5% coupon, maturing December 2031
  • All securities admitted under Regulation 3.1.1 of NSE Debt Market (Trading) Regulations

Regulatory Changes

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

Compliance Requirements

No new compliance requirements. Standard debt market trading regulations apply to the listed securities.

Important Dates

  • Effective Date: January 6, 2026
  • Godrej Industries CP Redemptions: June 15, 2026 (Sr 138) and June 25, 2026 (Sr 139)
  • Godrej Properties CP Redemptions: March 23-24, 2026
  • Angel One CP Redemptions: March 10, 2026 (Sr 66) and January 6, 2027 (Sr 65)
  • ICICI Securities CP Redemption: March 18, 2026
  • Vedika Credit Capital Debenture Redemption: December 5, 2031

Impact Assessment

Market Impact: Minimal. Routine listing of privately placed debt securities for institutional investors.

Investor Impact: Provides secondary market trading access for existing holders of these debt instruments. The securities range from short-term commercial papers (2-12 months) to medium-term debentures (5+ years).

Operational Impact: No operational changes required for market participants.

Impact Justification

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