NSE has notified the listing of two privately placed debt securities on its Capital Market segment, effective May 18, 2026, pursuant to Regulation 3.1.1 of the NSE Capital Market Trading Regulations Part A. The circular also specifies lot sizes under Regulation 2.5.5. Both securities carry a market lot size of 1 and are assigned unique designated codes for trading identification.

Key Points

• Two debt securities admitted to NSE Capital Market segment effective May 18, 2026
• Tata Capital Housing Finance Limited bond (785TCHFL29): 7.85% coupon, maturing May 14, 2029, ISIN INE033L07IS2
• Vedika Credit Capital Limited bond (115VCCL31A): 11.5% coupon, maturing May 14, 2031, ISIN INE04HY07401
• Both securities assigned Series N0 and a market lot size of 1
• Trading must use designated security codes only

Regulatory Changes

No new regulatory changes introduced. The admission is pursuant to existing Regulation 3.1.1 (admission to dealings) and Regulation 2.5.5 (lot sizes) of the NSE Capital Market Trading Regulations Part A.

Compliance Requirements

• Members must use the designated security codes (785TCHFL29 and 115VCCL31A) when trading these securities on the system
• All trades must adhere to the specified lot size of 1 for each security

Important Dates

• Circular Date: May 15, 2026
• Effective Date (Trading Commencement): May 18, 2026
• Maturity of 785TCHFL29 (TCHFL 7.85% 2029 Sr A): May 14, 2029
• Maturity of 115VCCL31A (VCCL31A 11.5% 2031): May 14, 2031

Impact Assessment

Limited market impact. These are privately placed debt securities now being admitted to exchange trading, which improves their liquidity and price discovery for existing holders. The Tata Capital Housing Finance bond offers a 7.85% coupon with a ~3-year tenor, while the Vedika Credit Capital bond offers a higher 11.5% coupon reflecting its credit risk profile with a ~5-year tenor. Impact is confined to investors and traders in these specific instruments; no broader market or regulatory consequence.