Description

BSE announces listing of J.K. Cement Ltd's commercial paper worth Rs. 50 crores on private placement basis.

Summary

BSE has listed new Commercial Paper issued by J.K. Cement Ltd on private placement basis, effective September 1, 2025. The issue consists of 1000 securities of Rs. 5 lakh each, totaling Rs. 50 crores.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 each
  • Quantity: 1000 units
  • Total Issue Size: Rs. 50 crores
  • Issue Price: Rs. 492,770.50 per unit
  • Credit Rating: CARE A1+
  • Scrip Code: 730118
  • ISIN: INE823G14AV3

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading only in dematerialized form
  • Standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise applies
  • IDBI Bank Limited serves as Issuing and Paying Agent

Important Dates

  • Allotment Date: August 29, 2025
  • Listing Date: September 1, 2025
  • Redemption Date: November 27, 2025
  • Tenor: 90 days

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The instrument provides J.K. Cement with working capital financing at competitive rates given the A1+ rating.

Impact Justification

Standard commercial paper listing with limited market impact