Description
J.K. CEMENT LTD has listed new commercial paper worth Rs. 50 crores on BSE Debt segment for trading.
Summary
J.K. CEMENT LTD has listed new commercial paper worth Rs. 50 crores (1000 units of Rs. 5 lakh each) on BSE Debt segment effective August 7, 2025. The commercial paper is issued on private placement basis with CARE A1+ rating and matures on September 25, 2025.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 1000 units (Total value: Rs. 50 crores)
- Scrip Code: 729976
- ISIN: INE823G14AT7
- Credit Rating: CARE A1+
- Issue Price: Rs. 4,96,071/- per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: August 7, 2025
- Trading Commencement: August 7, 2025
- Redemption Date: September 25, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for J.K. CEMENT LTD and investment opportunity for debt market participants. The 49-day maturity period indicates short-term liquidity management by the company.
Impact Justification
Routine commercial paper listing with limited market impact