Description

BSE announces listing of Commercial Paper worth Rs. 125 crore issued by Kotak Mahindra Investments Limited on private placement basis, maturing on December 1, 2025.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis with effect from November 24, 2025. The issue comprises 2,500 units of Rs. 5,00,000 each, totaling Rs. 125 crore, with a maturity period of 7 days ending December 1, 2025. The instrument carries CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 125 crore (2,500 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,377.50 per unit
  • Scrip Code: 730632
  • Scrip ID: KMIL241125
  • ISIN: INE975F14C58
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for a new debt instrument.

Compliance Requirements

  • Trading members must trade the securities only in dematerialized form under ISIN INE975F14C58
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 24, 2025
  • Listing Date: November 24, 2025
  • Redemption Date: December 1, 2025
  • Maturity Period: 7 days

Impact Assessment

This is a routine short-term debt instrument listing with minimal market impact. The 7-day commercial paper provides Kotak Mahindra Investments Limited with short-term liquidity. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. Trading will be limited to institutional and high-net-worth investors given the Rs. 5 lakh minimum denomination requirement. No significant impact on secondary market trading or broader debt markets expected.

Impact Justification

Routine commercial paper listing with 7-day maturity period. Limited market impact as it involves short-term debt instrument on private placement basis.