Description
BSE announces listing of Rs. 50 crore Commercial Paper issued by J.K. Cement Ltd on private placement basis, effective August 28, 2025.
Summary
BSE has listed new Commercial Paper worth Rs. 50 crore issued by J.K. CEMENT LTD on private placement basis. The securities are admitted for trading on BSE Debt segment effective August 28, 2025, with redemption scheduled for November 26, 2025.
Key Points
- Commercial Paper of face value Rs. 5,00,000 each (1000 units)
- Issue price: Rs. 492,770.50 per unit
- Credit Rating: CARE A1+
- Scrip Code: 730112
- ISIN: INE823G14AU5
- Market lot size: 1 unit
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- IDBI Bank Limited appointed as Issuing and Paying Agent
Important Dates
- Allotment Date: August 28, 2025
- Trading Commencement: August 28, 2025
- Redemption Date: November 26, 2025
- Tenure: 90 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for J.K. Cement and investment avenue for institutional investors in the debt market.
Impact Justification
Routine commercial paper listing with no significant market implications