Description
NSE admits commercial papers from Kotak Securities and Axis Securities to debt market trading with effect from September 9, 2025.
Summary
NSE has admitted privately placed commercial papers from Kotak Securities Limited and Axis Securities Limited to trading on the debt market segment with effect from September 9, 2025. The circular lists fresh issues and re-issues with their respective security codes, ISINs, and redemption dates.
Key Points
- Fresh commercial paper issues from Kotak Securities (15,000 securities) and Axis Securities (7,000 securities) both maturing December 9, 2025
- Re-issue of Kotak Securities commercial paper (2,000 securities) maturing February 27, 2026
- All securities have face value of ₹5,00,000 with varying issue prices
- Securities assigned specific ISINs and security codes for trading identification
Regulatory Changes
No regulatory changes. This is a routine listing notification under existing NSE Debt Market Trading Regulations 3.1.1.
Compliance Requirements
- Securities are now available for trading on NSE debt market segment
- Market participants can trade these securities using designated security codes
- Standard debt market trading regulations apply
Important Dates
- Effective Date: September 9, 2025
- Allotment Date: September 9, 2025
- Redemption Dates:
- December 9, 2025 (fresh issues)
- February 27, 2026 (re-issue)
Impact Assessment
Minimal market impact as this is routine listing of commercial papers for debt market trading. Provides additional short-term debt instruments for institutional investors seeking commercial paper exposure from financial services companies.
Impact Justification
Routine listing of commercial papers with no significant market impact