Description

KEC International Ltd. has listed new Commercial Paper worth Rs. 75 crore on BSE Debt segment on private placement basis with maturity date of March 6, 2026.

Summary

KEC International Ltd. has listed new Commercial Paper (CP) worth Rs. 75 crore (1,500 units of Rs. 5 lakh each) on the BSE Debt segment. The instruments were issued on private placement basis on December 8, 2025, with a maturity period of 88 days (redemption on March 6, 2026). The CPs carry a CRISIL A1+ and IND A1+ credit rating and will trade exclusively in dematerialized form.

Key Points

  • Total issue size: Rs. 75 crore (1,500 units)
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,91,596.50 per unit (implied discount of ~1.68%)
  • Scrip code: 730716, Scrip ID: KIL81225
  • ISIN: INE389H14LR8
  • Credit rating: CRISIL A1+ and IND A1+
  • Market lot: 1 unit
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and paying agent: Axis Bank Limited
  • Trading permitted only in dematerialized form

Regulatory Changes

No regulatory changes introduced. This is a standard debt listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE389H14LR8
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members should contact BSE debt department (phone: 22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment date: December 8, 2025
  • Listing date: December 8, 2025
  • Redemption date: March 6, 2026
  • Tenure: 88 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing for a reputed infrastructure company. The high credit rating (A1+) indicates strong creditworthiness.

Investor Impact: Provides institutional investors with a short-term investment option in a highly-rated corporate entity. The discount rate implies competitive yield for the 88-day tenure.

Company Impact: Enables KEC International to raise working capital through the commercial paper route at favorable rates, reflecting its strong credit profile in the infrastructure sector.

Impact Justification

Routine commercial paper listing with short 88-day tenure. Limited market impact as it's a private placement for working capital purposes.