Description

KEC International Limited has listed new commercial paper worth Rs. 75 crores on BSE debt segment with 3-month maturity.

Summary

KEC International Limited has listed new commercial paper securities worth Rs. 75 crores on BSE’s debt segment effective September 5, 2025. The commercial paper was issued on private placement basis with a face value of Rs. 5 lakhs per unit.

Key Points

  • Commercial paper quantity: 1,500 units of Rs. 5,00,000 each
  • Total issue size: Rs. 75 crores
  • Issue price: Rs. 4,91,099.50 per unit (discount to face value)
  • Credit rating: CRISIL A1+, IND A1+
  • Scrip code: 730157, Scrip ID: KIL040925
  • ISIN: INE389H14LG1
  • Issuing and paying agent: Axis Bank Limited

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Market lot size: 1 unit

Important Dates

  • Allotment date: September 4, 2025
  • Trading commencement: September 5, 2025
  • Redemption date: December 3, 2025
  • Maturity period: 3 months

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding needs. The high credit rating (A1+) indicates low credit risk for investors.

Impact Justification

Routine commercial paper listing with no market-wide implications