Description
J.K. CEMENT LTD has listed new Commercial Paper worth Rs. 50 crore on BSE Debt segment for private placement trading.
Summary
J.K. CEMENT LTD has listed new Commercial Paper securities on BSE’s Debt segment effective September 1, 2025. The instruments are issued on private placement basis with a total value of Rs. 50 crore (1000 units of Rs. 5 lakh each).
Key Points
- Securities: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 1000 units
- Issue Price: Rs. 4,92,770.50 per unit
- Credit Rating: CARE A1+
- Scrip Code: 730118
- ISIN: INE823G14AV3
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard commercial paper listing process followed.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- IDBI Bank Limited acts as Issuing and Paying agent
Important Dates
- Listing Date: September 1, 2025
- Allotment Date: August 29, 2025
- Redemption Date: November 27, 2025
- Tenure: Approximately 90 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The instrument provides additional debt market liquidity and trading opportunities for institutional investors in the 3-month maturity segment.
Impact Justification
Routine commercial paper listing with limited market impact