Description

BSE lists new commercial paper worth Rs. 320 crores issued by Kotak Mahindra Investments Limited on private placement basis.

Summary

BSE has listed new commercial paper issued by Kotak Mahindra Investments Limited worth Rs. 320 crores (6,400 units of Rs. 5 lakh each) on private placement basis. The securities are admitted for trading on BSE Debt segment effective July 28, 2025.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 6,400 units (Total value: Rs. 320 crores)
  • Scrip Code: 729916
  • Scrip ID: KMIL250725
  • ISIN: INE975F14B59
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs. 4,99,082.50 per unit
  • Trading denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. Standard commercial paper listing procedure followed.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Important Dates

  • Allotment Date: July 25, 2025
  • Listing Date: July 28, 2025
  • Redemption Date: August 5, 2025
  • Tenure: 11 days

Impact Assessment

Minimal market impact as this is a routine short-term commercial paper listing with an 11-day maturity period. The securities provide additional debt market liquidity in the short-term segment for institutional investors.

Impact Justification

Routine commercial paper listing with short 11-day tenure, minimal market impact