Description

KEC International Ltd. has listed new Commercial Papers worth Rs. 75 crore on BSE Debt segment with 3-month maturity period.

Summary

KEC International Ltd. has listed new Commercial Papers on BSE’s Debt segment effective December 5, 2025. The issuance consists of 1,500 units of Commercial Paper on a private placement basis, each with a face value of Rs. 5,00,000, totaling Rs. 75 crore. The instruments carry dual credit ratings of CRISIL A1+ and IND A1+, with a 3-month maturity period ending March 5, 2026.

Key Points

  • Total issue size: Rs. 75 crore (1,500 units × Rs. 5,00,000)
  • Issue price: Rs. 4,91,409 per unit (discount to face value)
  • Scrip Code: 730708, Scrip ID: KIL51225
  • ISIN Number: INE389H14LQ0
  • Credit Rating: CRISIL A1+ and IND A1+ (highest short-term rating)
  • Market lot size: 1 unit
  • Trading only in dematerialized form
  • Axis Bank Limited is the Issuing and Paying Agent
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market participants must use the assigned scrip code (730708) and ISIN (INE389H14LQ0) for all transactions
  • Trading members requiring clarification should contact BSE debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 5, 2025
  • Allotment Date: December 5, 2025
  • Listing Date: December 5, 2025
  • Redemption Date: March 5, 2026 (3-month tenure)

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing on private placement basis with no impact on equity markets.

Liquidity Impact: The Commercial Paper provides KEC International with short-term working capital financing. The high credit ratings (A1+) indicate strong creditworthiness.

Investor Impact: Limited to institutional investors and high net-worth individuals who participate in private placement debt markets. The instrument offers short-term investment opportunity with minimal credit risk.

Operational Impact: Standard debt segment trading procedures apply with no special operational requirements beyond normal dematerialized trading protocols.

Impact Justification

Routine commercial paper listing for short-term funding; limited market impact as it's a standard debt instrument listing on private placement basis