Description
Trading suspended in KMPL-7.90%-13-1-26-PVT debentures from December 29, 2025 due to record date for redemption.
Summary
BSE has announced the suspension of trading in a specific series of non-convertible debentures issued by Kotak Mahindra Prime Limited. The suspension is effective from December 29, 2025, coinciding with the record date fixed by the company for redemption purposes. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Company: Kotak Mahindra Prime Limited
- Debenture ISIN: INE916DA7SB4 (Code: 974532)
- Debenture Series: KMPL-7.90%-13-1-26-PVT
- Record Date: December 29, 2025
- Purpose: Redemption of Debentures
- No Dealings From: December 29, 2025
- Notice Reference: DR-786/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard procedural notice for debenture redemption.
Compliance Requirements
- Trading members must not execute any transactions in the specified debentures from December 29, 2025
- Trading members are required to take note of the suspension and update their systems accordingly
- No dealings permitted in ISIN INE916DA7SB4 from the specified date
Important Dates
- Notice Date: December 19, 2025
- Record Date: December 29, 2025
- Trading Suspension Date: December 29, 2025
Impact Assessment
Market Impact: Low - Affects only holders of a single debenture series of Kotak Mahindra Prime Limited. This is a scheduled redemption event with limited market-wide implications.
Operational Impact: Minimal - Standard administrative procedure for debenture redemption. Trading members need to ensure the specific ISIN is blocked from trading in their systems from December 29, 2025.
Investor Impact: Routine - Debenture holders will receive redemption proceeds as per the terms of the instrument. No adverse impact on investors as this is a planned maturity event.
Impact Justification
Routine administrative suspension for single debenture series redemption affecting limited market participants