Description
Trading suspended for Commercial Paper KMIL-20-1-26-CP (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 from January 19, 2026. The suspension is due to the instrument reaching its redemption date. Trading members are advised not to deal in this Commercial Paper from the effective date.
Key Points
- Commercial Paper: KMIL-20-1-26-CP
- Issuer: Kotak Mahindra Investments Limited
- Scrip Code: 730922
- ISIN: INE975F14C82
- Trading suspension effective from January 19, 2026
- Reason: Maturity on redemption date
- Notice Number: DR-801/2025-2026
Regulatory Changes
No regulatory changes. This is a routine operational notice regarding the natural maturity of a debt instrument.
Compliance Requirements
- Trading members must cease all trading activities in the specified Commercial Paper from January 19, 2026
- Trading members must not accept or execute any orders for this instrument from the effective date
- Members should update their systems to reflect the trading suspension
Important Dates
- January 16, 2026: Circular issued
- January 19, 2026: Trading suspension effective date (T-3 days before redemption)
- Redemption Date: Approximately January 20, 2026 (maturity date)
Impact Assessment
Market Impact: Minimal. This is a scheduled maturity event affecting a single Commercial Paper instrument. The suspension follows standard market practice of halting trading three days before redemption to facilitate settlement.
Operational Impact: Low. Trading members need to update their systems to block trading in this specific instrument. No broader market implications as this is part of the normal lifecycle of commercial paper instruments.
Investor Impact: None for holders who will receive redemption proceeds on maturity. No impact on other Kotak Mahindra securities or commercial papers.
Impact Justification
Routine suspension due to scheduled maturity of a single commercial paper instrument. Limited impact as it affects only one specific debt security reaching its natural redemption date.