Description
BSE lists new commercial paper of J.K. CEMENT LTD worth Rs. 50 crores issued on private placement basis.
Summary
BSE has listed new commercial paper of J.K. CEMENT LTD issued on private placement basis. The commercial paper consists of 1,000 units of Rs. 5 lakh each, totaling Rs. 50 crores, with a 90-day tenure.
Key Points
- Commercial paper of Rs. 5,00,000/- each issued on private placement basis
- Total quantity: 1,000 units (Rs. 50 crores)
- Issue price: Rs. 4,92,770.50 per unit
- Credit rating: CARE A1+
- Scrip code: 730112 (JKCL28825)
- ISIN: INE823G14AU5
- Trading denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities to be traded only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: 28/08/2025
- Redemption date: 26/11/2025
- Trading effective from: 28/08/2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding for J.K. CEMENT LTD and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no significant market impact