Description

Trading suspended in KMPL debentures (INE916DA7SD0) from November 4, 2025 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures of Kotak Mahindra Prime Limited (ISIN: INE916DA7SD0, Code: 974591) effective November 4, 2025. The suspension is due to the company fixing the record date for redemption of its 7.92% debentures maturing on November 20, 2025. Trading members are advised not to deal in these debentures from the no-dealings date.

Key Points

  • Debenture Series: KMPL-7.92%-20-11-25-PVT
  • ISIN: INE916DA7SD0
  • BSE Code: 974591
  • Record Date: November 4, 2025
  • No Dealings From: November 4, 2025
  • Purpose: Redemption of Debentures
  • Notice Reference: DR-749/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must cease all dealings in the specified debentures from November 4, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • No transactions should be executed in the affected debenture series from the specified date

Important Dates

  • Circular Issue Date: October 29, 2025
  • Record Date: November 4, 2025
  • Trading Suspension Date: November 4, 2025
  • Debenture Maturity: November 20, 2025 (as per series name)

Impact Assessment

Market Impact: Limited to holders and traders of this specific debenture series. The suspension is procedural and directly linked to the redemption process.

Operational Impact: Trading members must update their systems to block trades in this ISIN. Investors holding these debentures will receive redemption proceeds as per the company’s redemption schedule.

Investor Impact: Debenture holders as of the record date (November 4, 2025) will be eligible for redemption. No trading opportunity available from the suspension date, which coincides with the record date. This is a standard process for maturing debt instruments.

Impact Justification

Routine redemption-related trading suspension affecting specific debenture series. Impact limited to holders of this particular debt instrument. Standard corporate action with clear timeline.