Description
KEC International Ltd. has listed new Commercial Paper worth Rs. 50 crores on BSE Debt segment with CRISIL A1+ rating.
Summary
KEC International Ltd. has listed new Commercial Paper securities worth Rs. 50 crores on BSE Debt segment through private placement. The instruments carry CRISIL A1+ and IND A1+ ratings and will be traded in dematerialized form only.
Key Points
- Commercial Paper issued on private placement basis of Rs. 5,00,000/- each
- Total quantity: 1000 units (Rs. 50 crores total value)
- Scrip Code: 730133, ISIN: INE389H14LF3
- Issue price: Rs. 4,91,449/- per unit
- Credit Rating: CRISIL A1+, IND A1+
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size for securities is 1 paise
Important Dates
- Allotment Date: September 2, 2025
- Trading Commencement: September 3, 2025
- Redemption Date: November 28, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term debt instrument provides additional funding avenue for KEC International Ltd. and offers investment option for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no material market impact