Description
BSE lists new commercial paper worth Rs. 50 crores issued by J.K. Cement Ltd for trading on debt segment.
Summary
BSE has listed new commercial paper worth Rs. 50 crores issued by J.K. CEMENT LTD on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from September 1, 2025.
Key Points
- Commercial paper of Rs. 5,00,000/- each denomination
- Total quantity: 1000 units (Rs. 50 crores)
- Scrip Code: 730118, ISIN: INE823G14AV3
- Credit Rating: CARE A1+
- Issue Price: Rs. 492,770.50 per unit
- IDBI Bank Limited acts as Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities will trade only in dematerialised form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot size: 1 unit
Important Dates
- Allotment Date: August 29, 2025
- Trading Start Date: September 1, 2025
- Redemption Date: November 27, 2025
Impact Assessment
Minimal market impact as this is a routine short-term debt instrument listing. Provides additional short-term funding avenue for J.K. Cement and investment option for institutional investors in debt segment.
Impact Justification
Routine commercial paper listing with no significant market implications