Description
J.K. Cement Limited's new Commercial Paper of Rs. 5 crore listed on BSE Debt segment with CARE A1+ rating, maturing on March 2, 2026.
Summary
BSE has listed new Commercial Paper issued by J.K. Cement Limited on private placement basis, effective December 3, 2025. The instrument consists of 1,000 units with a face value of Rs. 5,00,000 each, totaling Rs. 50 crore, and carries a CARE A1+ credit rating. IDBI Bank Limited serves as the Issuing and Paying Agent.
Key Points
- Scrip Code: 730690
- Scrip ID: JKCL021225
- ISIN: INE823G14BB3
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,92,710.50 per unit
- Total Quantity: 1,000 units
- Market Lot: 1 unit
- Credit Rating: CARE A1+
- Allotment Date: December 2, 2025
- Redemption Date: March 2, 2026
- Tenor: 90 days
- Trading Mode: Dematerialized only
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE823G14BB3
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment only
- For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Listing Date: December 3, 2025
- Allotment Date: December 2, 2025
- Redemption Date: March 2, 2026
Impact Assessment
Market Impact: Minimal. This is a routine commercial paper listing that affects only participants in the BSE debt segment who trade short-term debt instruments.
Operational Impact: None for equity market participants. Debt segment traders can now trade J.K. Cement’s commercial paper with specified parameters.
Issuer Impact: Provides J.K. Cement Limited with short-term funding through the commercial paper route, demonstrating strong credit quality with A1+ rating.
Impact Justification
Routine commercial paper listing with no market-wide implications, affects only debt segment participants trading this specific instrument