Description
Trading suspended for KOTAK MAHINDRA INVESTMENTS LIMITED debentures due to record date for interest payment and redemption on September 11, 2025.
Summary
BSE has suspended trading in debentures of KOTAK MAHINDRA INVESTMENTS LIMITED effective September 11, 2025, due to the company fixing a record date for interest payment and redemption of Non-Convertible Debentures.
Key Points
- Trading suspension affects KOTAK MAHINDRA INVESTMENTS LIMITED debentures (Code: KMIL-8.0415%-26-9-25-PVT)
- ISIN: INE975F07IL1 (975110)
- Record date set for September 11, 2025
- Purpose: Redemption of Debentures and Payment of Interest
- No dealings permitted from September 11, 2025
Regulatory Changes
No regulatory framework changes - routine operational measure for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from the effective date
- Trading members must take note of the suspension and inform clients accordingly
Important Dates
- Record Date: September 11, 2025
- No Dealings From: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Limited impact as this is a routine corporate action affecting only holders of the specific debenture series. Trading suspension ensures proper settlement of interest payments and redemption to eligible debenture holders as per the record date.
Impact Justification
Routine trading suspension for debenture interest payment and redemption affecting specific security holders