Description

BSE lists new commercial paper of Kotak Mahindra Investments Limited worth Rs. 25 crores with 7-day tenure.

Summary

BSE has listed new commercial paper issued by Kotak Mahindra Investments Limited on private placement basis. The securities are worth Rs. 25 crores (5,000 units of Rs. 5 lakh each) with a 7-day tenure from July 31 to August 7, 2025.

Key Points

  • Commercial paper of Rs. 5,00,000 face value each
  • Total quantity: 5,000 units (Rs. 25 crores)
  • Issue price: Rs. 4,99,411 per unit
  • Credit rating: CRISIL A1+, ICRA A1+
  • Scrip code: 729946, ISIN: INE975F14B75
  • Trading in dematerialized form only

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
  • Tick size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Important Dates

  • Allotment date: July 31, 2025
  • Trading commencement: July 31, 2025
  • Redemption date: August 7, 2025

Impact Assessment

Minimal market impact as this is a routine short-term commercial paper listing with 7-day maturity. Provides short-term funding option for Kotak Mahindra Investments Limited and investment opportunity for institutional investors in highly-rated paper.

Impact Justification

Routine commercial paper listing with short 7-day tenure and limited market impact