Description
BSE announces listing of Commercial Paper worth Rs. 50 crores issued by J.K. Cement Limited on private placement basis, effective November 25, 2025.
Summary
BSE has listed new Commercial Paper (CP) issued by J.K. Cement Limited on private placement basis. The instrument comprises 1,000 units of Rs. 5,00,000 each, totaling Rs. 50 crores, with a 91-day tenure. The CP is rated CARE A1+ and will be traded on the BSE Debt segment in dematerialized form under ISIN INE823G14BA5.
Key Points
- Issue Size: 1,000 units of Rs. 5,00,000 each (Total: Rs. 50 crores)
- Issue Price: Rs. 4,92,534 per unit (discount of Rs. 7,466 from face value)
- Face Value: Rs. 5,00,000 per unit
- Scrip Code: 730643
- Scrip ID: JKCL241125
- Detail Name: JKCL-23-2-26-CP
- ISIN: INE823G14BA5
- Credit Rating: CARE A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing and Paying Agent: IDBI Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for a privately placed debt instrument.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded under the specified ISIN number INE823G14BA5
- Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: November 24, 2025
- Listing Date: November 25, 2025
- Date of Redemption: February 23, 2026
- Tenure: 91 days
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that affects only debt market participants. The instrument provides J.K. Cement Limited with short-term financing for working capital needs.
Operational Impact: No impact on equity trading operations. Debt market participants can trade this instrument from November 25, 2025.
Investor Impact: Relevant only for institutional investors and high net-worth individuals participating in the debt market segment. The CARE A1+ rating indicates highest safety regarding timely payment of financial obligations.
Impact Justification
Routine commercial paper listing with no impact on equity markets or trading operations; relevant only for debt market participants and J.K. Cement's short-term financing activities.