Description
KEC International Ltd's new commercial paper worth Rs. 75 crores listed on BSE debt segment for trading from July 31, 2025.
Summary
KEC International Ltd has listed new commercial paper securities worth Rs. 75 crores on BSE’s debt segment. The securities are issued on private placement basis with face value of Rs. 5 lakhs each and will be available for trading from July 31, 2025.
Key Points
- Commercial paper quantity: 1,500 units of Rs. 5,00,000 each
- Total issue size: Rs. 75 crores
- Issue price: Rs. 4,91,159 per unit
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 729940
- ISIN: INE389H14LD8
- Market lot: 1 unit
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Axis Bank Limited acts as issuing and paying agent
Important Dates
- Allotment date: July 31, 2025
- Trading commencement: July 31, 2025
- Redemption date: October 29, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for KEC International Ltd and investment opportunity for debt market participants.
Impact Justification
Routine commercial paper listing with no market-wide implications