Description
Kotak Mahindra Asset Management Company Limited's Kotak Nifty Chemicals ETF units admitted to trading on NSE Capital Market segment with effect from November 19, 2025.
Summary
NSE has admitted Kotak Nifty Chemicals ETF units issued by Kotak Mahindra Asset Management Company Limited for trading on the Capital Market segment. The ETF consists of 2,453,815 units with symbol ‘CHEMICAL’ and will commence trading from November 19, 2025. Four market makers have been designated to provide liquidity.
Key Points
- Symbol: CHEMICAL
- ISIN: INF174KA1XV0
- Total Units: 2,453,815 units
- Face Value: Rs. 10/- per unit
- Issue Price: Rs. 29.46/- per unit
- Market Lot: 1 unit
- Date of Allotment: November 12, 2025
- Series: EQ (Equity)
- Market Makers: Kotak Securities Limited (TM Code 8081), Parwati Capital Market Private Limited (TM Code 11890), Kanjalochana Finserve Private Limited (TM Code 90246), Motilal Oswal Financial Services Limited (TM Code 10412)
Regulatory Changes
No regulatory changes introduced. This circular notifies listing in pursuance of existing NSE Capital Market Trading Regulations Part A (Regulation 3.1.1 and 2.5.5).
Compliance Requirements
- Trading members must use designated security code ‘CHEMICAL’ for identification on the trading system
- Trading must be conducted in specified lot size of 1 unit
- Market makers must fulfill their obligations as per NSE regulations
Important Dates
- Date of Allotment: November 12, 2025
- Circular Date: November 18, 2025
- Trading Commencement Date: November 19, 2025
Impact Assessment
Limited market impact as this is a new ETF listing providing passive investment exposure to the Nifty Chemicals index. The ETF offers investors a convenient vehicle for gaining diversified exposure to the chemicals sector. With four designated market makers, adequate liquidity should be maintained. The relatively low issue price of Rs. 29.46 makes it accessible to retail investors. Overall impact is localized to investors seeking chemicals sector exposure through ETF route.
Contact Information
Trustee: Kotak Mahindra Trustee Company Limited, 6th Floor, Kotak Towers, Building No. 21, Infinity Park, Malad (East), Mumbai 400097 | Tel: 18003091490
Asset Management Company: Kotak Mahindra Asset Management Company Limited, 6th Floor, Kotak Towers, Building No. 21, Infinity Park, Malad (East), Mumbai 400097 | Tel: 18003091490 | Contact: Ms. Jolly Bhatt | Email: Jolly.Bhatt@kotak.com | Website: www.kotakmf.com
Registrar: Computer Age Management Services Private Limited, AVA Tower, Old No. 788 & 789, Anna Salai, Chennai - 600002 | Tel: 044 6110 4034 | Contact: Mr. R. Viswanathan | Email: viswanathan.r@camsonline.com | Website: www.camsonline.com
Impact Justification
Routine ETF listing with limited market impact; affects only investors interested in chemicals sector ETF exposure