Description

BSE lists 2500 units of Commercial Paper issued by Kotak Mahindra Investments Limited worth Rs. 125 crore, with redemption on December 1, 2025.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis. The listing comprises 2500 units of Commercial Paper with face value of Rs. 5,00,000 each, totaling Rs. 125 crore. The securities are rated CRISIL A1+ and ICRA A1+ and will be traded in dematerialized form only on the BSE Debt segment.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 2500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,377.50 per unit
  • Total Issue Size: Rs. 125 crore
  • Scrip Code: 730632
  • Scrip ID: KMIL241125
  • ISIN: INE975F14C58
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form under ISIN INE975F14C58
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment with applicable tick size of 1 paise

Important Dates

  • Notice Date: November 24, 2025
  • Allotment Date: November 24, 2025
  • Listing Date: November 24, 2025
  • Redemption Date: December 1, 2025

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing for short-term funding with a tenure of only 7 days. The instrument is intended for institutional investors in the debt market.

Operational Impact: No impact on equity trading or existing operations. Trading members have standard debt segment trading procedures to follow.

Investor Impact: Limited to debt market participants. The high credit ratings (A1+) indicate strong creditworthiness. The short tenure suggests this is working capital financing for Kotak Mahindra Investments Limited.

Impact Justification

Routine commercial paper listing with very short tenure (7 days). Standard debt market operation with no impact on equity markets or trading regulations.