Description
Trading suspended in KOTAK MAHINDRA INVESTMENTS LIMITED debentures from September 11, 2025 due to record date for interest payment and redemption.
Summary
BSE has suspended trading in Non-Convertible Debentures of KOTAK MAHINDRA INVESTMENTS LIMITED (Code: KMIL-8.0415%-26-9-25-PVT, ISIN: INE975F07IL1) effective September 11, 2025. The suspension is due to the company fixing a record date for interest payment and redemption of debentures.
Key Points
- Trading suspension applies to specific debentures: KMIL-8.0415%-26-9-25-PVT
- ISIN Code: INE975F07IL1 (975110)
- No dealings permitted from September 11, 2025
- Purpose: Redemption of debentures and payment of interest
- Notice issued by Marian Dsouza, Assistant Vice President – Listing Operations
Regulatory Changes
No regulatory framework changes. This is a standard corporate action procedure for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 11, 2025
- Trading members are advised to take note of the suspension
- Standard record date compliance procedures apply
Important Dates
- Record Date: September 11, 2025
- No Dealings From: September 11, 2025
- Notice Date: September 9, 2025
- Circular Reference: DR-713/2025-2026
Impact Assessment
Limited impact as suspension affects only specific debentures of KOTAK MAHINDRA INVESTMENTS LIMITED. Standard corporate action with clear timeline. Debenture holders will receive interest payment and redemption proceeds based on record date holdings. No broader market implications expected.
Impact Justification
Medium impact as it affects specific debenture trading but limited to one instrument with clear timeline