Description
BSE lists two new debt securities of Kosamattam Finance Limited 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 with effect from August 7, 2025. Both securities were issued on private placement basis with face value of Rs. 1,00,000 each and carry an interest rate of 10.62% per annum with monthly interest payments.
Key Points
- Two new 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 paid monthly
- Credit rating: IND A/Stable
- Securities will trade only in dematerialized form
- Tick size: 1 paise
- Market lot: 1 unit each
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under specified ISIN numbers
- Refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: August 7, 2025
- First Interest Payment: September 7, 2025
- KFL security redemption: August 7, 2028
- KFLD security redemption: February 7, 2028
- Trading commencement: August 7, 2025
Impact Assessment
Minimal market impact as this is a routine debt listing of a finance company. The securities are privately placed with limited quantity (5,000 units each) and will primarily interest institutional debt investors. No significant operational changes required for trading members beyond standard debt trading procedures.
Impact Justification
Routine debt listing with limited market impact