Description

BSE lists eight series of secured redeemable non-convertible debentures issued by Kosamattam Finance Limited with varying tenures and interest structures.

Summary

BSE has listed eight series of Secured Redeemable Non-Convertible Debentures issued by Kosamattam Finance Limited. All NCDs have a face value and issue price of Rs. 1,000 per NCD, with allotment date of November 10, 2025. The securities feature varying interest payment structures (cumulative and monthly) with effective yields ranging from 9.50% to 10.47% per annum and maturity dates spanning from May 2027 to November 2032.

Key Points

  • Eight series of NCDs listed with scrip codes ranging from 940729 to 940743
  • Face value and issue price: Rs. 1,000 per NCD for all series
  • Total securities issued: 1,999,000 NCDs across all series
  • Effective yields range from 9.50% to 10.47% per annum
  • Interest payment options: Cumulative (Series I, III, V, VI, VIII) and Monthly (Series II, IV, VII)
  • Redemption amounts vary from Rs. 1,000 to Rs. 2,000 per NCD
  • Maturity periods range from 18 months to 7 years
  • Credit rating: IND A/Stable
  • Market lot: One NCD
  • All securities are secured and redeemable

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members can trade these NCDs on the BSE platform using the assigned scrip codes and ISINs
  • Standard debt securities trading and settlement norms apply
  • No put/call options available on any series

Important Dates

  • Allotment Date: November 10, 2025 (all series)
  • First Interest Payment Date: Varies by series
    • Series II, IV, VII (Monthly): December 1, 2025
    • Series I, III, V, VI, VIII (Cumulative): At maturity
  • Maturity Dates:
    • Series I: May 9, 2027
    • Series II & III: November 9, 2028
    • Series IV & V: May 9, 2029
    • Series VI: January 9, 2030
    • Series VII: November 9, 2030
    • Series VIII: November 9, 2032

Impact Assessment

Market Impact: Low - Routine listing of corporate debt securities with no significant market-wide implications.

Investor Impact: Provides fixed-income investment opportunities for debt investors seeking secured instruments with tenures ranging from 1.5 to 7 years and effective yields between 9.50% and 10.47%.

Operational Impact: Trading members can facilitate transactions in these securities using the designated scrip codes and ISINs from the listing date.

Impact Justification

Routine listing of debt securities by a single company with no broader market implications