Description

BSE announces listing of J.K. Cement Ltd's commercial paper worth Rs. 50 crores issued on private placement basis, with maturity date of December 30, 2025.

Summary

BSE has listed new commercial paper issued by J.K. CEMENT LTD on private placement basis, effective October 31, 2025. The issue comprises 1,000 commercial papers of Rs. 5,00,000 face value each, totaling Rs. 50 crores, with a 2-month maturity period ending December 30, 2025.

Key Points

  • Issuer: J.K. CEMENT LTD
  • Instrument: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 50,00,00,000 (1,000 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,95,036 per unit
  • Scrip Code: 730469
  • Scrip ID: JKCL301025
  • ISIN: INE823G14AZ4
  • Credit Rating: CARE A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Issuing and Paying Agent: IDBI BANK LIMITED

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE823G14AZ4
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Adherence to tick size of 1 paise for price movements
  • For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 30, 2025
  • Listing Date: October 31, 2025
  • Redemption Date: December 30, 2025
  • Tenure: 61 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument provides J.K. Cement with short-term financing for working capital needs at competitive rates, given the strong CARE A1+ credit rating. The 2-month maturity and private placement nature indicate limited secondary market trading activity. Impact is confined to debt market participants and institutional investors dealing with short-term corporate debt instruments.

Impact Justification

Routine commercial paper listing for short-term debt instrument with 2-month maturity. Limited market-wide impact, relevant primarily to debt market participants and J.K. Cement investors.