Description
BSE announces listing of 1500 Commercial Papers of KEC International Limited worth Rs. 75 crores issued on private placement basis, with redemption date of January 30, 2026.
Summary
BSE has listed new Commercial Paper issued by KEC International Limited on private placement basis. The issue comprises 1500 units of Rs. 5,00,000 each, totaling Rs. 75 crores. The securities are listed on the BSE Debt segment effective November 3, 2025, with a redemption date of January 30, 2026. The Commercial Paper carries CRISIL A1+ and IND A1+ credit ratings.
Key Points
- Issuer: KEC International Limited
- Security Type: Commercial Paper (Private Placement)
- Quantity: 1500 units
- Face Value: Rs. 5,00,000 per unit
- Total Issue Size: Rs. 75 crores
- Issue Price: Rs. 4,91,643.50 per unit
- Scrip Code: 730476
- Scrip ID: KIL031125
- ISIN: INE389H14LM9
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE389H14LM9
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded on BSE Debt segment only
- Trading members requiring clarification should contact the debt department at specified phone numbers: 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 3, 2025
- Listing Date: November 3, 2025
- Redemption Date: January 30, 2026
- Tenure: 88 days (approximately 3 months)
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing in the debt segment with no impact on equity markets or broader trading operations.
Investor Impact: Limited to debt market participants. The high credit ratings (A1+) indicate low credit risk. The short tenure of approximately 3 months makes this suitable for short-term liquidity management.
Operational Impact: None. Standard debt segment listing with existing trading infrastructure and procedures.
Impact Justification
Routine commercial paper listing with no impact on equity trading or market operations. Standard short-term debt instrument listing for corporate funding.