Description
BSE suspends trading in Kotak Mahindra Investments Limited commercial paper effective August 4, 2025 due to maturity.
Summary
BSE has announced the suspension of trading in commercial paper of Kotak Mahindra Investments Limited (Scrip Code: 729916, ISIN: INE975F14B59) effective August 4, 2025, due to the instrument reaching its redemption date.
Key Points
- Commercial paper KMIL-5-8-25-CP will mature on the redemption date
- Scrip Code: 729916
- ISIN: INE975F14B59
- Trading suspension effective from August 4, 2025
- Notice reference: DR-687/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational procedure for maturing debt instruments.
Compliance Requirements
- Trading members must not deal in the specified commercial paper from August 4, 2025
- All exchange members are required to take note of this suspension
Important Dates
- Notice Date: August 1, 2025
- Trading Suspension Effective: August 4, 2025
- Commercial Paper Maturity: On redemption date
Impact Assessment
Minimal market impact as this is a routine suspension due to instrument maturity. Only affects holders and traders of this specific commercial paper. No broader market implications expected.
Impact Justification
Routine suspension due to maturity affects only specific commercial paper instrument