Description
BSE announces listing of two new debt securities by Kosamattam Finance Limited issued on private placement basis with 10.62% interest rate.
Summary
BSE has listed two new debt securities of Kosamattam Finance Limited on the BSE Debt segment effective August 7, 2025. Both securities were issued on private placement basis with identical interest rates of 10.62% per annum and face value of Rs. 1,00,000 each.
Key Points
- Two debt securities listed: KFL-10.62%-7-8-28-PVT and KFLD-10.62%-7-2-28-PVT
- Both securities have face value and issue price of Rs. 1,00,000
- Interest rate: 10.62% per annum payable monthly
- Credit rating: IND A/Stable
- Securities will trade only in dematerialised form
- Tick size: 1 paise
- Quantity: 5,000 each with market lot of 1
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note that securities will trade only in dematerialised form
- Trading to be conducted under specified ISIN numbers
- Reference to Placement Memorandum available on BSE website for detailed terms
Important Dates
- Listing Date: August 7, 2025
- Date of Allotment: August 7, 2025
- Interest Payment Start: September 7, 2025
- Redemption Dates:
- KFL security: August 7, 2028
- KFLD security: February 7, 2028
Impact Assessment
Limited market impact as this is a routine debt security listing. The securities are issued on private placement basis with moderate credit rating (IND A/Stable). Monthly interest payments provide regular income stream for investors. No put/call options available on either security.
Impact Justification
Routine debt security listing with limited market impact