Description

Trading suspended in debentures of Kotak Mahindra Investments Limited (ISIN: INE975F07HV2) effective January 14, 2026 due to redemption with record date set for the same day.

Summary

BSE has announced the suspension of trading in non-convertible debentures of Kotak Mahindra Investments Limited (Security Code: KML-29-1-26-PVT, ISIN: INE975F07HV2, BSE Code: 974495) effective January 14, 2026. The suspension is due to the company fixing the record date for redemption of these debentures. Trading members are advised not to deal in these securities from the specified date.

Key Points

  • Company: Kotak Mahindra Investments Limited
  • Security Code: KML-29-1-26-PVT
  • ISIN: INE975F07HV2
  • BSE Code: 974495
  • Record Date: January 14, 2026
  • No dealings permitted from: January 14, 2026
  • Purpose: Redemption of Debentures
  • Notice Number: DR-798/2025-2026
  • Circular Date: January 06, 2026 (Note: Document shows January 06, 2025 as signature date, likely typographical error)

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for debenture redemption.

Compliance Requirements

  • Trading members must cease all dealing in the specified debentures from January 14, 2026
  • Trading members must note the suspension and ensure no transactions are executed in the affected security
  • Members should inform their clients holding these debentures about the suspension and upcoming redemption

Important Dates

  • January 6, 2026: Circular issued by BSE
  • January 14, 2026: Record date for redemption
  • January 14, 2026: Trading suspension effective date (no dealings permitted from this date)

Impact Assessment

The impact is limited to holders of this specific debenture series (ISIN: INE975F07HV2). The suspension is temporary and related to the redemption process, which is a standard corporate action. Debenture holders on the record date will receive redemption proceeds as per the terms of issuance. No broader market impact is anticipated as this affects only one security series. Trading members need to ensure compliance with the no-dealing restriction to avoid regulatory issues.

Impact Justification

Trading suspension affects specific debenture holders but is a routine corporate action for redemption. Limited to one security series with clear timeline.