Description
New commercial paper worth Rs. 75 crore issued by KEC International Ltd listed on BSE Debt segment for trading.
Summary
KEC International Ltd has listed new commercial paper securities worth Rs. 75 crore (1500 units of Rs. 5 lakh each) on BSE’s Debt segment effective November 4, 2025. The securities are issued on private placement basis with 90-day maturity, credit rating of CRISIL A1+ and IND A1+, and will be traded only in dematerialized form.
Key Points
- Total issue size: Rs. 75 crore (1500 units)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,91,456.50 per unit
- Scrip code: 730490
- Scrip ID: KIL041125
- ISIN: INE389H14LN7
- Credit rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Market lot: 1 unit
- Tick size: 1 paise
- Issuing and paying agent: Axis Bank Ltd
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 INE389H14LN7
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Adherence to tick size of 1 paise for trading
Important Dates
- Allotment date: November 4, 2025
- Listing date: November 4, 2025
- Redemption date: February 2, 2026
- Tenor: 90 days
Impact Assessment
Minimal market impact. This is a routine commercial paper listing by KEC International Ltd for short-term financing needs. The high credit ratings (A1+ from both CRISIL and India Ratings) indicate strong creditworthiness. The securities are available only to institutional and high net-worth investors given the Rs. 5 lakh minimum denomination. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with standard terms, no material market impact