Description
KEC International Ltd's new commercial paper worth Rs. 75 crores listed on BSE debt segment with maturity date of October 29, 2025.
Summary
KEC International Ltd has listed new commercial paper worth Rs. 75 crores (1,500 units of Rs. 5 lakh each) on BSE debt segment. The commercial paper was issued on private placement basis with a credit rating of CRISIL A1+ and IND A1+, maturing on October 29, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each, total 1,500 units
- Issue price: Rs. 4,91,159/- per unit (discount to face value)
- Scrip Code: 729940, ISIN: INE389H14LD8
- Credit Rating: CRISIL A1+, IND A1+
- Issuing and Paying Agent: Axis Bank Limited
- Trading in dematerialised form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
- Contact debt department for clarifications on 22728352/8597/8995/5753/8915
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. The instrument provides short-term funding option for KEC International Ltd and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no material market impact