Description

NSE admits privately placed commercial papers and debt securities of HDFC Securities, ICICI Securities, Aditya Birla Capital, Aditya Birla Housing Finance, and HDB Financial Services to the Debt Market Segment effective April 28, 2026.

Summary

NSE has admitted privately placed securities to the Debt Market Segment effective April 28, 2026, pursuant to Regulation 3.1.1 of the National Stock Exchange Debt Market (Trading) Regulations. The listings include fresh issues of commercial papers from HDFC Securities and ICICI Securities and Aditya Birla Capital, a fresh debenture issue from Aditya Birla Housing Finance, and a re-issue of commercial paper from HDB Financial Services.

Key Points

  • Four commercial paper fresh issues admitted: HDFC Securities (×2), ICICI Securities, and Aditya Birla Capital
  • One fresh debt security (NCD) admitted: Aditya Birla Housing Finance Limited at 7.6164% coupon maturing January 25, 2029
  • One commercial paper re-issue admitted: HDB Financial Services (Series 333)
  • All instruments allotted on April 27–28, 2026 with effect date of April 28, 2026
  • Circular issued under authority of Bansri Gosalia, Senior Manager, NSE

Regulatory Changes

No regulatory changes. This is a routine listing notification under existing Regulation 3.1.1 of the NSE Debt Market (Trading) Regulations.

Compliance Requirements

No new compliance requirements for market participants. Members are informed of the new security codes assigned to the admitted instruments as specified in the Annexure.

Important Dates

InstrumentAllotment DateRedemption Date
HSL CP 16/06/2026 (INE700G14TF6)27-Apr-202616-Jun-2026
ISEC CP 09/03/27 (INE763G14H82)27-Apr-202609-Mar-2027
ABFL CP 27/07/26 (INE674K14CG9)27-Apr-202627-Jul-2026
HSL CP 19/06/2026 (INE700G14TE9)28-Apr-202619-Jun-2026
ABHFL 7.6164% 2029 Sr A1 (INE831R07631)27-Apr-202625-Jan-2029
HFSL CP 05/05/26 Sr 333 (INE756I14GD6)27-Apr-202605-May-2026

Impact Assessment

Minimal market impact. This is a standard administrative notification of debt instrument listings on NSE’s debt market segment. The instruments are short-to-medium term commercial papers and one longer-term debenture. Relevant to debt market participants and institutional investors tracking these issuers’ short-term borrowing activity. No impact on equity trading or broader market operations.

Impact Justification

Routine administrative listing notification for privately placed debt instruments (commercial papers and debentures) on NSE's debt market segment. No regulatory changes or compliance requirements for equity investors; relevant only to participants in the debt market segment.