Description

BSE announces the listing of 1,500 Commercial Papers worth Rs. 5 lakh each issued by Kotak Mahindra Investments Limited on private placement basis, maturing on December 11, 2026.

Summary

BSE has listed new Commercial Papers issued by Kotak Mahindra Investments Limited on private placement basis. A total of 1,500 securities with face value of Rs. 5,00,000 each have been admitted to trading on the BSE Debt segment effective December 17, 2025. The instruments carry CRISIL A1+ and ICRA A1+ credit ratings and will mature on December 11, 2026.

Key Points

  • Securities Description: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Quantity Listed: 1,500 units
  • Issue Price: Rs. 4,67,148 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730772
  • Scrip ID: KMIL151225
  • Detail Name: KMIL-11-12-26-CP
  • ISIN: INE975F14C74 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Allotment Date: December 17, 2025
  • Redemption Date: December 11, 2026
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Trading Requirements

  • Trading permitted only in dematerialized form under ISIN INE975F14C74
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading effective from December 17, 2025

Regulatory Changes

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

Compliance Requirements

Trading members must ensure:

  • All trades are executed in dematerialized form only
  • Trading occurs in standard denomination of Rs. 5 lakhs and multiples
  • Proper tick size of 1 paise is maintained

Important Dates

  • Allotment Date: December 17, 2025
  • Listing Date: December 17, 2025
  • Redemption Date: December 11, 2026

Impact Assessment

This is a routine listing of commercial paper with minimal market impact. The listing expands the available debt instruments on BSE’s platform and provides short-term funding to Kotak Mahindra Investments Limited. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. Impact is limited to institutional investors and entities participating in the commercial paper market.

Impact Justification

Routine debt instrument listing announcement with no regulatory changes or market-wide implications. Affects only investors in Kotak Mahindra Investments Limited's commercial paper.