Description
NSE notifies listing of four privately placed debt securities on the capital market segment effective March 30, 2026, including bonds from Vedika Credit Capital, Dar Credit & Capital, TVS Holdings, and Indian Bank.
Summary
NSE has notified the listing of four privately placed debt securities on the Capital Market segment, effective March 30, 2026. This is issued pursuant to Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A. The securities include bonds from Vedika Credit Capital Limited, Dar Credit & Capital Limited, TVS Holdings Limited, and Indian Bank, each with a market lot size of 1.
Key Points
- Four privately placed debt securities admitted to dealings on NSE Capital Market segment from March 30, 2026
- All securities carry a market lot size of 1 (N0 series)
- Circular reference: NSE/CML/73497 | Circular Ref. No: 0532/2026
- Trading must use designated security codes as specified in the Annexure
- Lot sizes are as specified per Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No new regulatory changes. This circular operates under existing Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Members must use the designated security codes when trading these instruments
- Trading must be conducted in the specified lot sizes as per the Annexure
- All dealings in these securities are subject to NSE Capital Market Trading Regulations Part A
Important Dates
- Circular Date: March 27, 2026
- Effective Date: March 30, 2026 (securities admitted to dealings)
Impact Assessment
This is a routine listing notification with limited broad market impact. The four securities listed are:
| Company | Symbol | Coupon Rate | Maturity Date | ISIN |
|---|---|---|---|---|
| Vedika Credit Capital Limited | 115VCCL31 | 11.5% | March 25, 2031 | INE04HY07393 |
| Dar Credit & Capital Limited | 13DCCL29 | 13.0% | March 24, 2029 | INE04Q907173 |
| TVS Holdings Limited | 810TVSH29 | 8.10% | June 24, 2029 | INE105A08048 |
| Indian Bank | 715INBK36 | 7.15% | March 24, 2036 | INE562A08115 |
Impact is limited to institutional and retail investors specifically interested in these debt instruments. Indian Bank’s bond at 7.15% and TVS Holdings at 8.10% are investment-grade offerings, while Dar Credit & Capital at 13% reflects a higher-yield, higher-risk profile.
Impact Justification
Routine administrative circular notifying admission of four privately placed debt securities to NSE capital market segment. No regulatory changes or broad market impact; relevant only to participants trading these specific bond instruments.