Description
BSE announces listing of KEC International Limited's Commercial Paper worth Rs. 75 crores for trading in debt segment.
Summary
BSE has listed new Commercial Paper securities of KEC International Limited on its debt segment. The securities are issued on private placement basis with a face value of Rs. 5 lakhs each, totaling 1500 units worth Rs. 75 crores.
Key Points
- Commercial Paper of Rs. 5,00,000/- each listed on BSE debt segment
- Total quantity: 1500 units (Rs. 75 crores)
- Issue price: Rs. 4,91,099.50 per unit
- Credit rating: CRISIL A1+, IND A1+
- Scrip Code: 730157, ISIN: INE389H14LG1
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Axis Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment Date: September 4, 2025
- Listing Date: September 5, 2025
- Redemption Date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding avenue for KEC International Limited through commercial paper issuance.
Impact Justification
Routine debt instrument listing with no significant market impact