Description
Trading suspended for KMIL debentures due to record date fixed for interest payment and redemption on September 11, 2025.
Summary
BSE has suspended trading in specific non-convertible debentures of Kotak Mahindra Investments Limited effective September 11, 2025, due to the company fixing a record date for interest payment and redemption purposes.
Key Points
- Trading suspension applies to KMIL debentures with ISIN INE975F07IL1 (Code: 975110)
- Company has fixed record date as September 11, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these debentures from September 11, 2025
- Notice issued under reference DR-713/2025-2026
Regulatory Changes
No new regulatory changes introduced - this is a standard corporate action notification.
Compliance Requirements
- Trading members must not deal in the specified KMIL debentures from the no-dealings date
- Trading members required to take note of the suspension
Important Dates
- Record Date: September 11, 2025
- No Dealings From: September 11, 2025
- Notice Date: September 09, 2025
Impact Assessment
Limited impact as this affects only specific debentures of one company. Standard corporate action procedure for debt securities with temporary trading suspension to facilitate interest payment and redemption process.
Impact Justification
Routine trading suspension for specific debenture due to corporate action