Description
BSE announces listing of KEC International Ltd's commercial paper worth Rs. 75 crores on debt segment effective September 5, 2025.
Summary
BSE has listed new commercial paper securities of KEC International Limited on its debt segment effective September 5, 2025. The commercial paper was issued on private placement basis with face value of Rs. 5 lakhs each, totaling Rs. 75 crores.
Key Points
- 1,500 commercial paper securities of Rs. 5 lakhs each listed
- Issue price: Rs. 4,91,099.50 per security
- Credit rating: CRISIL A1+, IND A1+
- Scrip code: 730157, ISIN: INE389H14LG1
- Trading in dematerialized form only
- Axis Bank Limited as issuing and paying agent
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 4, 2025
- Listing effective date: September 5, 2025
- Redemption date: December 3, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for KEC International Limited with 3-month maturity period.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact