Description
Trading suspended for KOTAK MAHINDRA INVESTMENTS LIMITED debentures (KMIL-8.2134) from December 4, 2025 due to redemption.
Summary
BSE has suspended trading in debentures of KOTAK MAHINDRA INVESTMENTS LIMITED (ISIN: INE975F07IN7, Code: 975167, Series: KMIL-8.2134) effective December 4, 2025. The suspension is due to the company fixing a record date for payment of interest and redemption of the non-convertible debentures.
Key Points
- Company: KOTAK MAHINDRA INVESTMENTS LIMITED
- Debenture Series: KMIL-8.2134
- ISIN: INE975F07IN7
- BSE Code: 975167
- Record Date: December 4, 2025
- Purpose: Redemption of Debentures
- No Dealings From: December 4, 2025
- Circular Reference: DR-770/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension notice for corporate action processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from December 4, 2025
- Members are advised to take note of the suspension and inform their clients accordingly
- No transactions should be executed in the affected debenture series during the suspension period
Important Dates
- November 24, 2025: Circular issued
- December 4, 2025: Record date for interest payment and redemption; trading suspension becomes effective
Impact Assessment
Market Impact: Limited to holders of this specific debenture series. The suspension is procedural and necessary to facilitate the redemption process.
Operational Impact: Trading members must ensure their systems block trading in the affected debentures from the specified date. Clients holding these debentures should be informed about the redemption.
Investor Impact: Debenture holders will receive redemption proceeds as per the terms. No trading opportunity available from December 4, 2025 onwards, which is standard for instruments being redeemed.
Impact Justification
Temporary trading suspension for specific debenture series due to scheduled redemption. Impact limited to holders of this particular debt instrument.