Description

KEC International Ltd. has listed new Commercial Paper worth Rs. 75 crores on BSE Debt segment for private placement.

Summary

KEC International Ltd. has listed new Commercial Paper securities worth Rs. 75 crores (1,500 units of Rs. 5 lakhs each) on the BSE Debt segment. The securities are issued on private placement basis and will be traded in dematerialized form with a maturity period of approximately 3 months.

Key Points

  • Commercial Paper of Rs. 5,00,000/- each totaling 1,500 units
  • Issue price: Rs. 4,91,159 per unit (discount to face value)
  • Credit Rating: CRISIL A1+, IND A1+
  • ISIN: INE389H14LE6, Scrip Code: 729950
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading restricted to standard denomination of Rs. 5 lakhs and multiples
  • Axis Bank Limited serves as Issuing and Paying agent

Important Dates

  • Allotment Date: August 1, 2025
  • Listing Date: August 1, 2025
  • Redemption Date: October 30, 2025
  • Maturity Period: 90 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit rating (A1+) indicates strong creditworthiness of the issuer. Trading will be limited to institutional and high-net-worth investors due to the high denomination requirement.

Impact Justification

Routine commercial paper listing with no broader market implications