Description

BSE announces listing of Commercial Paper worth Rs. 125 crore issued by Kotak Mahindra Investments Limited with 7-day maturity period.

Summary

BSE has listed new Commercial Paper securities issued by Kotak Mahindra Investments Limited on a private placement basis. The instrument totaling Rs. 125 crore (2,500 units of Rs. 5 lakh each) is available for trading on the BSE Debt segment effective November 24, 2025, with a redemption date of December 1, 2025.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 125 crore (2,500 units)
  • 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
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE975F14C58
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • All transactions must comply with BSE Debt segment trading regulations

Important Dates

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

Impact Assessment

Market Impact: Minimal. This is a short-term commercial paper with only 7-day maturity period, indicating it’s a very short-term funding instrument. The high credit ratings (CRISIL A1+, ICRA A1+) reflect strong creditworthiness of the issuer.

Operational Impact: Limited to trading members dealing in debt instruments. The security is available for dematerialized trading with standard debt market conventions. Trading members requiring clarification can contact BSE debt department at specified contact numbers (22728352/8597/8995/5753/8915).

Impact Justification

Routine commercial paper listing with very short 7-day maturity period; limited market impact as it's a private placement debt instrument.