Description
BSE announces listing of two new debt securities from Kosamattam Finance Limited with 10% interest rate and monthly payment schedule.
Summary
BSE has listed two new debt securities of Kosamattam Finance Limited issued on private placement basis, effective August 21, 2025. Both securities carry 10% annual interest with monthly payment schedules and are rated IND A/Stable.
Key Points
- Two debt securities listed: KFL-10%-30-11-27-PVT (100,000 quantity) and KFL-10%-31-05-28-PVT (50,000 quantity)
- Face value and issue price: Rs. 10,000 each
- Interest rate: 10% per annum with monthly payments
- Credit rating: IND A/Stable for both securities
- Allotment date: August 20, 2025
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form under specified ISIN numbers
- Refer to Placement Memorandum for detailed terms and conditions
- Contact BSE debt department for clarifications
Important Dates
- Allotment Date: August 20, 2025
- Trading Commencement: August 21, 2025
- Redemption Date (Security 1): November 30, 2027
- Redemption Date (Security 2): May 31, 2028
Impact Assessment
Minimal market impact as this is a routine debt security listing for a private placement. The securities provide fixed income investment options with stable credit rating and regular monthly interest payments.
Impact Justification
Routine debt security listing with limited market impact