Description

BSE lists new commercial paper worth Rs. 25 crores issued by Kotak Mahindra Investments Limited for trading on debt segment.

Summary

BSE has listed new commercial paper issued by Kotak Mahindra Investments Limited worth Rs. 25 crores (5,000 units of Rs. 5 lakh each) on private placement basis. The commercial paper will be traded on BSE’s debt segment with scrip code 729946.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000/- each
  • Total Issue Size: Rs. 25 crores (5,000 units)
  • Scrip Code: 729946
  • Scrip ID: KMIL31725
  • ISIN: INE975F14B75
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs. 4,99,411/-
  • 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 shall be in standard denomination of Rs. 5 lakhs and multiples thereof
  • Issuing and Paying agent: Kotak Mahindra Bank Ltd

Important Dates

  • Allotment Date: July 31, 2025
  • Listing Date: July 31, 2025
  • Redemption Date: August 7, 2025
  • Tenure: 7 days

Impact Assessment

Minimal market impact as this is a routine short-term commercial paper listing with 7-day maturity. The instrument provides short-term funding for Kotak Mahindra Investments Limited and offers investment opportunity for institutional investors in highly rated (A1+) commercial paper.

Impact Justification

Routine commercial paper listing with short 7-day tenure, minimal market impact