Description
BSE lists new debt securities of Kosamattam Finance Limited worth Rs. 50 crore on private placement basis with 10% interest rate.
Summary
BSE has listed new debt securities of Kosamattam Finance Limited on private placement basis effective September 1, 2025. The securities carry a 10% per annum interest rate with quarterly payments and mature on August 29, 2027.
Key Points
- Quantity: 5,000 securities with market lot of 1
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 1,00,000 per security
- Total Issue Size: Rs. 50 crore
- Credit Rating: IND A/Stable
- ISIN: INE403Q07GF7
- Scrip Code: 977065
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for debt securities.
Compliance Requirements
- Securities to be traded only in dematerialized form
- Tick size of 1 paise applies
- Trading members must refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: August 29, 2025
- First Interest Payment: December 1, 2025
- Interest Payment Frequency: Quarterly from December 1, 2025 to August 29, 2027
- Maturity Date: August 29, 2027
- Trading Commencement: September 1, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing. The securities provide institutional investors with a fixed-income investment option carrying IND A/Stable rating. No put/call options available, providing straightforward investment structure.
Impact Justification
Routine debt securities listing with limited market impact