Description
BSE lists new debt securities of Kotak Mahindra Investments Limited worth Rs. 30 crores with 7.34% interest rate maturing in August 2028.
Summary
BSE has listed new debt securities of Kotak Mahindra Investments Limited (KMIL) issued on private placement basis. The securities have a face value of Rs. 1 lakh each, carrying 7.34% annual interest rate and maturing on August 28, 2028.
Key Points
- Quantity: 30,000 securities (Rs. 30 crores total)
- Face Value: Rs. 1,00,000 per security
- Interest Rate: 7.34% per annum
- Credit Rating: CRISIL AAA/Stable, ICRA AAA/Stable
- ISIN: INE975F07IV0
- Scrip Code: 977050
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading members can refer to Placement Memorandum for additional details
- Contact debt department for clarifications
Important Dates
- Date of Allotment: August 22, 2025
- Interest Payment: Annually from November 28, 2025 to August 28, 2028
- Maturity Date: August 28, 2028
- Trading Commencement: August 22, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing. The AAA credit rating indicates high creditworthiness of the issuer. The securities provide institutional investors with a fixed income option at competitive interest rates.
Impact Justification
Routine debt securities listing with limited market impact