Description
BSE announces listing of Commercial Paper worth Rs. 50 crores issued by J.K. Cement Ltd on private placement basis, effective October 31, 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 1000 units of Rs. 5 lakh each, totaling Rs. 50 crores, with a maturity period of 61 days. IDBI Bank Limited acts as the Issuing and Paying Agent.
Key Points
- Total issue size: Rs. 50 crores (1000 units × Rs. 5,00,000)
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,95,036 per unit
- Credit Rating: CARE A1+
- ISIN: INE823G14AZ4
- Scrip Code: 730469
- Scrip ID: JKCL301025
- Market Lot: 1 unit
- Trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Trading mode: Dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE823G14AZ4
- Trading permitted only in standard denomination of Rs. 5 lakhs and multiples
- Tick size compliance of 1 paise mandatory
Important Dates
- Allotment Date: October 30, 2025
- Listing Date: October 31, 2025
- Redemption Date: December 30, 2025
- Maturity Period: 61 days
Impact Assessment
Minimal market impact. This is a routine commercial paper listing on the debt segment for short-term fund raising by J.K. Cement Ltd. The instrument is rated CARE A1+ indicating high safety. No impact on equity markets or broader trading operations. Only relevant to debt market participants and institutional investors in commercial paper.
Impact Justification
Routine commercial paper listing with no impact on equity trading or broader market operations