Description

BSE lists new commercial paper of Kotak Mahindra Investments Limited worth Rs. 37.5 crores with maturity period of 7 days.

Summary

BSE has listed new commercial paper issued by Kotak Mahindra Investments Limited on private placement basis. The securities are worth Rs. 37.5 crores (7,500 units of Rs. 5 lakh each) with a maturity period of 7 days.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Quantity: 7,500 units (Total value: Rs. 37.5 crores)
  • Scrip Code: 729934, Scrip ID: KMIL30725
  • ISIN: INE975F14B67
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs. 4,99,411/- per unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities 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

  • Listing Date: July 30, 2025
  • Allotment Date: July 30, 2025
  • Redemption Date: August 6, 2025
  • Maturity Period: 7 days

Impact Assessment

Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides short-term funding for Kotak Mahindra Investments Limited with a very brief 7-day maturity period.

Impact Justification

Routine commercial paper listing with short 7-day maturity period