Description
BSE announces listing of commercial paper issued by J.K. Cement Ltd worth Rs. 50 crores on private placement basis, with maturity date of February 13, 2026.
Summary
BSE has listed new Commercial Paper issued by J.K. Cement Ltd on private placement basis with effect from December 16, 2025. The issue comprises 1,000 securities of face value Rs. 5,00,000 each, totaling Rs. 50 crores, with a 59-day tenure maturing on February 13, 2026. The securities carry a CARE A1+ credit rating and will trade only in dematerialized form on the BSE Debt segment.
Key Points
- Issuer: J.K. Cement Ltd
- Instrument: Commercial Paper (Private Placement)
- Quantity: 1,000 units
- Face Value: Rs. 5,00,000 per unit
- Total Issue Size: Rs. 50 crores
- Issue Price: Rs. 4,95,134 per unit (discount of Rs. 4,866)
- Scrip Code: 730782
- Scrip ID: JKCL161225
- Detail Name: JKCL-13-2-26-CP
- ISIN: INE823G14BD9
- Credit Rating: CARE A1+
- Market Lot: 1 unit
- Allotment Date: December 16, 2025
- Redemption Date: February 13, 2026
- Issuing and Paying Agent: IDBI Bank Limited
Trading Specifications
- Trading permitted only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Trading segment: BSE Debt Market
Compliance Requirements
- Trading members must ensure all transactions are conducted in dematerialized form under ISIN INE823G14BD9
- Trades must be executed in minimum denomination of Rs. 5 lakhs
- Standard debt segment trading rules and settlement procedures apply
Important Dates
- Listing Date: December 16, 2025
- Allotment Date: December 16, 2025
- Maturity/Redemption Date: February 13, 2026
- Tenure: 59 days
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The instrument provides short-term funding for J.K. Cement Ltd and offers institutional investors a highly-rated short-term investment option. The CARE A1+ rating indicates highest safety for short-term instruments. Trading will be limited to debt segment participants, with no impact on equity markets or retail investors. The 59-day maturity makes it suitable for short-term treasury operations.
Impact Justification
Routine commercial paper listing notification with no market-wide implications, affects only debt segment trading members and investors interested in short-term debt instruments of J.K. Cement.