Description

KEC International Ltd has listed new Commercial Paper worth Rs. 75 crores on BSE Debt segment with effect from November 4, 2025.

Summary

KEC International Ltd has listed new Commercial Paper securities on BSE’s Debt segment with effect from November 4, 2025. The issue comprises 1,500 securities of Rs. 5,00,000 face value each, aggregating to Rs. 75 crores, issued on a private placement basis. The securities are rated CRISIL A1+ and IND A1+, with redemption scheduled for February 2, 2026.

Key Points

  • Total issue size: 1,500 securities of Rs. 5 lakhs each (Rs. 75 crores aggregate)
  • Face Value: Rs. 5,00,000 per security
  • Issue Price: Rs. 4,91,456.50 (discount of Rs. 8,543.50)
  • Scrip Code: 730490
  • Scrip ID: KIL041125
  • ISIN: INE389H14LN7
  • Credit Rating: CRISIL A1+ and IND A1+
  • Market Lot: 1 security
  • Trading in dematerialized form only
  • Issuing and Paying Agent: Axis Bank Ltd

Regulatory Changes

No regulatory changes. This is a routine listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE389H14LN7
  • Trading shall be in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will be traded on BSE Debt segment

Important Dates

  • Notice Date: November 4, 2025
  • Date of Allotment: November 4, 2025
  • Listing Date: November 4, 2025
  • Date of Redemption: February 2, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The short-term debt instrument (90-day tenure) is part of KEC International’s regular treasury operations for working capital management. The high credit rating (A1+) indicates strong creditworthiness. Trading will be limited to institutional investors given the Rs. 5 lakh minimum denomination. No impact expected on equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing for corporate funding. Limited market impact as it's a private placement in debt segment with short tenure.