Description
NSE notifies admission of privately placed commercial papers from multiple companies including Godrej Industries, ICICI Securities, Kotak Securities, and market linked debentures from Alpha Alternatives, effective January 13, 2026.
Summary
NSE has admitted privately placed debt securities to the Debt Market Segment effective January 13, 2026. The circular lists 9 commercial papers from major corporates with redemption periods ranging from 16 days to 364 days, and 1 market linked debenture series. Total issuance includes Rs 2,207.5 crores in commercial papers across financial services, pharmaceutical, and manufacturing companies.
Key Points
- 9 commercial paper issuances listed with face value of Rs 5 lakh each
- Issuers include Godrej Industries (1,500 units), Deutsche Investments India (7,000 units), Alembic Pharmaceuticals (2,000 units), Nuvoco Vistas (2,000 units), ICICI Securities (2,000 units), Godrej & Boyce (14,000 units), Kotak Securities (12,000 units total in 2 series), and Aditya Birla Money (4,000 units)
- Shortest tenure: 16 days (Kotak Securities Sr 253, maturing January 29, 2026)
- Longest tenure: 364 days (Deutsche Investments, maturing January 11, 2027)
- Alpha Alternatives issued 16,650 market linked debentures (Series I) maturing in 2030
- All securities admitted under Regulation 3.1.1 of NSE Debt Market Trading Regulations
Regulatory Changes
No regulatory changes introduced. This is a routine notification under existing NSE Debt Market Trading Regulations 3.1.1.
Compliance Requirements
No specific compliance requirements for market participants. The listed issuers must comply with standard debt market listing obligations and disclosure requirements applicable to privately placed securities.
Important Dates
- Effective Date: January 13, 2026
- Allotment Dates: January 12-13, 2026
- Redemption Dates Range: January 29, 2026 to January 11, 2027 (commercial papers); 2030 (market linked debenture)
Impact Assessment
Minimal market impact. This is an administrative notification for debt market participants and institutional investors. The listing provides secondary market trading facility for institutional investors holding these privately placed instruments. No impact on equity markets or retail investors. The securities listed are exclusively for institutional investors in the debt segment.
Impact Justification
Routine notification of privately placed debt securities listing on debt segment. No impact on equity trading or regulatory requirements for market participants.