Description
J.K. CEMENT LTD has listed new Commercial Paper worth Rs. 50 crores on BSE Debt segment with private placement basis.
Summary
J.K. CEMENT LTD has listed new Commercial Paper securities worth Rs. 50 crores on BSE Debt segment through private placement. The securities will be traded in dematerialized form with CARE A1+ rating and mature on September 25, 2025.
Key Points
- Commercial Paper of face value Rs. 5,00,000 each
- Total quantity: 1000 units (Rs. 50 crores)
- Issue price: Rs. 4,96,071 per unit
- Credit rating: CARE A1+
- Scrip Code: 729976, ISIN: INE823G14AT7
- Trading symbol: JKCL70825
Regulatory Changes
No regulatory changes. This is a routine debt security listing.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
- IDBI Bank Limited serves as Issuing and Paying agent
Important Dates
- Allotment Date: August 07, 2025
- Trading Start Date: August 07, 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 institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with minimal market impact