Description

BSE lists 2400 units of Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis with face value of Rs.5 lakhs each, maturing on December 11, 2026.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis with effect from December 15, 2025. The issue consists of 2400 units with a face value of Rs.5,00,000 each, issued at a discount of Rs.466,977 per unit, and maturing on December 11, 2026. The securities will trade in dematerialized form only on the BSE Debt segment.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 2400 units
  • Face Value: Rs.5,00,000 per unit
  • Issue Price: Rs.466,977 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730772
  • Scrip ID: KMIL151225
  • Detail Name: KMIL-11-12-26-CP
  • ISIN: INE975F14C74
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must ensure all trades in these securities are conducted in dematerialized form only under ISIN INE975F14C74
  • Trading must be in standard denomination of Rs.5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will be traded only on BSE Debt segment

Important Dates

  • Allotment Date: December 15, 2025
  • Listing Date: December 15, 2025
  • Redemption Date: December 11, 2026
  • Tenure: Approximately 12 months

Impact Assessment

This listing has minimal market-wide impact as it represents a routine commercial paper issuance in the debt segment. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness of the issuer. The securities are relevant primarily to institutional investors and debt market participants interested in short-term debt instruments from the Kotak Mahindra group. The discount-based pricing (issue price of Rs.466,977 against face value of Rs.500,000) provides investors with a yield over the approximately 12-month tenure.

Impact Justification

Routine commercial paper listing with standard terms, limited market-wide impact, relevant primarily to debt market participants and investors in Kotak Mahindra Investments Limited.