Description
Trading suspended for Commercial Paper (ISIN: INE975F14C82) of Kotak Mahindra Investments Limited effective January 19, 2026 due to maturity on redemption date.
Summary
BSE has announced the suspension of trading in Commercial Paper issued by Kotak Mahindra Investments Limited (Scrip Code: 730922, ISIN: INE975F14C82) effective January 19, 2026. The suspension is being implemented as the Commercial Paper is scheduled to mature on the redemption date. Trading members are advised not to deal in this instrument from the effective date.
Key Points
- Commercial Paper of Kotak Mahindra Investments Limited to be suspended from trading
- Scrip Code: 730922
- ISIN: INE975F14C82
- Instrument identifier: KMIL-20-1-26-CP
- Suspension effective from January 19, 2026
- Reason: Maturity on redemption date
- Notice reference: DR-801/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard operational action related to debt instrument maturity.
Compliance Requirements
- Trading members must not execute any trades in the specified Commercial Paper from January 19, 2026
- Trading members should update their systems to reflect the trading suspension
- All pending orders for this instrument should be reviewed and cancelled as appropriate
Important Dates
- Notice Date: January 16, 2026
- Trading Suspension Effective Date: January 19, 2026
- Redemption/Maturity Date: January 20, 2026 (implied)
Impact Assessment
Market Impact: Low - This is a routine operational action affecting a single commercial paper instrument reaching maturity. The suspension is procedural and does not indicate any credit event or default.
Investor Impact: Minimal - Investors holding this commercial paper will receive redemption proceeds on the maturity date. The trading suspension simply prevents new transactions in an instrument that is about to mature.
Operational Impact: Standard - Trading members need to ensure their systems are updated to prevent inadvertent trading in the suspended instrument. This is a routine compliance action for debt market operations.
Impact Justification
Routine trading suspension for maturing commercial paper affecting single debt instrument with limited market impact