Description
KEC International Ltd. has listed new Commercial Paper worth Rs. 50 crores on private placement basis on BSE Debt segment with 90-day maturity.
Summary
KEC International Ltd. has listed new Commercial Paper instruments on BSE’s Debt segment effective December 2, 2025. The issue comprises 1,000 units of Rs. 5,00,000 each, totaling Rs. 50 crores, issued on private placement basis with a 90-day maturity period. The instruments carry CRISIL A1+ and IND A1+ credit ratings.
Key Points
- Total issue size: Rs. 50 crores (1,000 units of Rs. 5 lakh each)
- Face value and paid-up value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,91,397 per unit
- Scrip Code: 730680
- Scrip ID: KIL21225
- ISIN: INE389H14LP2
- Credit ratings: CRISIL A1+ and IND A1+
- Market lot: 1 unit
- Trading only in dematerialized form
- Tick size: 1 paise
- Issuing and Paying Agent: Axis Bank Limited
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE389H14LP2
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded with a tick size of 1 paise
Important Dates
- Date of Allotment: December 2, 2025
- Listing Date: December 2, 2025
- Redemption Date: March 2, 2026
- Tenure: 90 days
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides KEC International with short-term funding through the debt market. For trading members and investors, this adds another debt instrument to the BSE Debt segment. The high credit ratings (CRISIL A1+ and IND A1+) indicate strong creditworthiness. There is no impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no impact on equity trading or broader market operations