Description

BSE announces listing of KEC International's new commercial paper worth Rs. 75 crores for trading on debt segment.

Summary

BSE has listed new Commercial Paper issued by KEC International Ltd. on private placement basis worth Rs. 75 crores (1500 units of Rs. 5 lakh each) for trading on the debt segment effective August 1, 2025.

Key Points

  • Commercial Paper of Rs. 5,00,000/- each (1500 units total)
  • Issue price: Rs. 4,91,159/- per unit
  • Credit rating: CRISIL A1+, IND A1+
  • ISIN: INE389H14LE6
  • Scrip Code: 729950
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities 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

  • Listing Date: August 1, 2025
  • Allotment Date: August 1, 2025
  • Redemption Date: October 30, 2025

Impact Assessment

Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for KEC International with 90-day maturity period. No significant operational changes for trading members.

Impact Justification

Routine commercial paper listing with limited market impact