Description

BSE announces listing of 4000 Commercial Papers of Rs. 5 lakh each issued by Kotak Mahindra Investments Limited on private placement basis, maturing on October 17, 2025.

Summary

BSE has listed new Commercial Papers issued by Kotak Mahindra Investments Limited on private placement basis. The securities are admitted to trading on the BSE Debt segment with effect from October 9, 2025. The instrument comprises 4000 units with face value of Rs. 5,00,000 each, rated CRISIL A1+ and ICRA A1+, maturing on October 17, 2025.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (private placement)
  • Quantity: 4000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,305 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730328
  • Scrip ID: KMIL290925
  • Detail Name: KMIL-17-10-25-CP
  • ISIN: INE975F14C09 (further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members should contact BSE debt department (22728352/8597/8995/5753/8915) for any clarifications

Important Dates

  • Notice Date: October 9, 2025
  • Allotment Date: October 9, 2025
  • Listing Date: October 9, 2025
  • Redemption Date: October 17, 2025
  • Maturity Period: 8 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with an 8-day maturity period.

Operational Impact: Standard commercial paper listing for institutional investors and trading members dealing in debt securities. The instrument provides a short-term investment option in highly-rated paper from Kotak Mahindra Investments Limited.

Investor Impact: Relevant only to debt market participants and institutional investors seeking ultra-short-term instruments with top-tier credit ratings (A1+).

Impact Justification

Routine commercial paper listing with 8-day maturity. Standard private placement debt instrument with no market-wide implications.