Description
NSE notifies admission of four privately placed debt securities to dealings on the Capital Market segment effective March 18, 2026, covering bonds from Jio Credit, Hero FinCorp, Sundaram Finance, and Tata Capital.
Summary
NSE has notified the admission of four privately placed debt securities to dealings on the Capital Market segment effective March 18, 2026, pursuant to Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations Part A. The securities are bonds issued by Jio Credit Limited, Hero FinCorp Limited, Sundaram Finance Limited, and Tata Capital Limited, all with a market lot size of 1.
Key Points
- Four privately placed debt securities admitted to NSE Capital Market segment from March 18, 2026
- All securities carry a market lot size of 1 and trade under Series N0
- Securities must be identified by their designated codes for trading purposes
- Lot sizes are specified per Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A
Securities Listed
| Company | Symbol | Series | Coupon Rate | Maturity Date | ISIN |
|---|---|---|---|---|---|
| Jio Credit Limited | 766JCL31 | N0 | 7.66% | March 16, 2031 | INE282H07059 |
| Hero FinCorp Limited | 809HFL33 | N0 | 8.09% | March 16, 2033 | INE957N07864 |
| Sundaram Finance Limited | 745SFL29 | N0 | 7.45% | March 16, 2029 | INE660A07SD6 |
| Tata Capital Limited | 830TACA27A | N0 | 8.30% | March 16, 2027 | INE976I07DC3 |
Regulatory Changes
No regulatory changes. This is a routine listing notification issued under existing Regulations 3.1.1 and 2.5.5 of the NSE (Capital Market) Trading Regulations Part A.
Compliance Requirements
- All members must use the designated security codes when trading these securities
- Trading must be conducted in the specified lot sizes as per the Annexure
- The circular comes into effect from March 18, 2026
Important Dates
- Circular Date: March 17, 2026
- Effective Date: March 18, 2026 (admission to dealings)
- Maturity Dates: March 16, 2027 (Tata Capital), March 16, 2029 (Sundaram Finance), March 16, 2031 (Jio Credit), March 16, 2033 (Hero FinCorp)
Impact Assessment
This is a routine administrative circular with limited market impact. The listing expands the tradeable debt securities on NSE’s capital market segment, providing liquidity options for holders of these privately placed bonds. The securities are issued by established financial institutions (Jio Credit, Hero FinCorp, Sundaram Finance, Tata Capital) with investment-grade profiles. Impact is confined to participants holding or seeking to trade these specific instruments.
Impact Justification
Routine administrative listing of four privately placed debt securities on NSE capital market segment; no regulatory changes or broad market impact.