Description

BSE lists new Commercial Paper worth Rs. 75 crore issued by KEC International Limited on private placement basis, effective November 3, 2025.

Summary

BSE has listed new Commercial Paper issued by KEC International Limited on private placement basis with effect from November 3, 2025. The listing comprises 1,500 securities of Rs. 5,00,000/- each (total value Rs. 75 crore) with a maturity period of approximately 3 months, maturing on January 30, 2026. The instruments carry credit ratings of CRISIL A1+ and IND A1+.

Key Points

  • Total issue size: Rs. 75 crore (1,500 units × Rs. 5 lakh each)
  • Scrip Code: 730476, Scrip ID: KIL031125
  • ISIN: INE389H14LM9
  • Issue price: Rs. 4,91,643.50 per unit (discount to face value)
  • Market lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading only in dematerialized form
  • Credit rating: CRISIL A1+, IND A1+
  • No Issuing and Paying agent specified

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

Trading members must:

  • Trade these securities only in dematerialized form under ISIN INE389H14LM9
  • Maintain standard denomination of Rs. 5 lakhs and multiples thereof for trading
  • Apply tick size of 1 paise for price movements
  • Contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: November 3, 2025
  • Listing Date: November 3, 2025
  • Redemption Date: January 30, 2026
  • Notice Date: November 3, 2025

Impact Assessment

Minimal market impact. This is a routine commercial paper listing on the BSE Debt segment for short-term fund raising by KEC International Limited. The instrument has high credit ratings (A1+) indicating strong creditworthiness. Trading is restricted to institutional and qualified investors given the high denomination requirement of Rs. 5 lakhs per unit. No impact on equity markets or retail investors.

Impact Justification

Routine commercial paper listing for debt segment with no impact on equity trading or regulatory compliance for broader market participants