Description
KEC International Limited's new commercial paper worth Rs. 75 crores listed on BSE Debt segment for trading.
Summary
KEC International Limited has listed new Commercial Paper worth Rs. 75 crores (1,500 units of Rs. 5 lakh each) on BSE Debt segment effective September 9, 2025. The paper carries CRISIL A1+ and IND A1+ ratings with redemption date of December 5, 2025.
Key Points
- Commercial Paper of Rs. 5,00,000 face value each
- Total quantity: 1,500 units (Rs. 75 crores)
- Issue price: Rs. 4,91,391 per unit
- Scrip Code: 730165, Scrip ID: KIL090925
- ISIN: INE389H14LH9
- Credit Rating: CRISIL A1+, IND A1+
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot: 1 unit
Important Dates
- Allotment Date: September 9, 2025
- Trading Commencement: September 9, 2025
- Redemption Date: December 5, 2025
- Tenure: Approximately 87 days
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. Trading limited to institutional and high-net-worth investors due to Rs. 5 lakh minimum denomination.
Impact Justification
Routine commercial paper listing with standard terms and limited market impact