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 (KMIL) effective August 4, 2025, as the instrument reaches its redemption date.
Key Points
- Commercial paper with scrip code 729916 and ISIN INE975F14B59 will mature
- Trading suspension takes effect from August 4, 2025
- Notice reference: DR-687/2025-2026
- Applies to debt segment operations
Regulatory Changes
No regulatory framework changes - this is a routine operational measure due to instrument maturity.
Compliance Requirements
- Trading members must not deal in the specified commercial paper from August 4, 2025
- All exchange participants must take note of the suspension
- No new positions or trades permitted in the instrument
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. The measure ensures orderly market operations by preventing trading in securities approaching redemption. Limited to specific commercial paper instrument with no broader market implications.
Impact Justification
Routine trading suspension due to commercial paper maturity with limited market impact