Description

KEC International Limited has listed new commercial paper worth Rs. 75 crores on BSE Debt segment for private placement.

Summary

KEC International Limited has successfully listed new Commercial Paper worth Rs. 75 crores (1,500 units of Rs. 5 lakh each) on BSE’s Debt segment. The commercial paper was issued on private placement basis and is now available for trading in dematerialized form.

Key Points

  • Commercial Paper quantity: 1,500 units of Rs. 5,00,000/- each
  • Total issue size: Rs. 75 crores
  • Issue price: Rs. 4,91,391/- per unit (discount to face value)
  • Credit rating: CRISIL A1+ and IND A1+
  • Scrip Code: 730165, Scrip ID: KIL090925
  • ISIN: INE389H14LH9
  • Trading in standard denomination of Rs. 5 lakhs and multiples

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
  • Axis Bank Limited serves as Issuing and Paying agent

Important Dates

  • Allotment Date: September 09, 2025
  • Trading Start Date: September 09, 2025
  • Redemption Date: December 05, 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 ratings (A1+) indicate strong creditworthiness. Limited to debt segment trading with no impact on equity markets.

Impact Justification

Routine commercial paper listing with no market-wide impact