Description

KEC International Ltd has listed new commercial paper of Rs.5,00,000 each (2000 units) on BSE Debt segment with ISIN INE389H14LO5, credit rating CRISIL A1+/IND A1+, maturing on 05/02/2026.

Summary

KEC International Ltd has listed new commercial paper securities on BSE’s Debt segment effective November 7, 2025. The issue comprises 2000 units of commercial paper with face value of Rs.5,00,000 each, issued on private placement basis. The securities carry credit ratings of CRISIL A1+ and IND A1+ and will mature on February 5, 2026. Axis Bank Ltd is acting as the Issuing and Paying Agent.

Key Points

  • Quantity: 2000 units of commercial paper
  • Face Value: Rs.5,00,000 per unit
  • Issue Price: Rs.4,91,456.50 per unit
  • Total Issue Size: Rs.100 crores (2000 x Rs.5,00,000)
  • Scrip Code: 730507
  • Scrip ID: KECIL71125
  • ISIN: INE389H14LO5
  • Credit Rating: CRISIL A1+, IND A1+
  • Market Lot: 1 unit
  • Trading denomination: Rs.5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Trading mode: Dematerialised form only

Regulatory Changes

No regulatory changes. This is a standard commercial paper listing on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE389H14LO5
  • Trading shall take place in standard denomination of Rs.5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 7, 2025
  • Listing Date: November 7, 2025
  • Redemption Date: February 5, 2026
  • Tenure: 90 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument is issued on private placement basis and trades only on the debt segment. Impact is limited to institutional investors and debt market participants dealing with short-term debt instruments. The high credit rating (A1+) indicates strong creditworthiness of KEC International Ltd. The 90-day maturity period is standard for commercial paper instruments used for short-term working capital requirements.

Impact Justification

Routine commercial paper listing with standard terms. Limited market impact as it is a private placement debt instrument affecting only debt segment traders.