Description
BSE announces listing of Commercial Paper worth Rs. 50 crore issued by KEC International Ltd on private placement basis, effective December 16, 2025.
Summary
BSE has listed new Commercial Paper issued by KEC International Ltd on private placement basis. The instrument comprises 1,000 units of Rs. 5,00,000 each (total Rs. 50 crore) with a 3-month tenure from December 16, 2025 to March 16, 2026. The paper carries CRISIL A1+ and IND A1+ ratings and will trade only in dematerialized form on BSE Debt segment.
Key Points
- Issuer: KEC International Ltd
- Instrument: Commercial Paper (Private Placement)
- Face Value: Rs. 5,00,000 per unit
- Total Quantity: 1,000 units (Rs. 50 crore)
- Issue Price: Rs. 4,91,397 per unit
- Scrip Code: 730783
- Scrip ID: KECIL16325
- ISIN: INE389H14LS6
- Credit Rating: CRISIL A1+, IND A1+
- Market Lot: 1 unit
- Tick Size: 1 paise
- Issuing & Paying Agent: Axis Bank Limited
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 INE389H14LS6
- Trading permitted in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment only
Important Dates
- Allotment Date: December 16, 2025
- Listing Date: December 16, 2025
- Redemption Date: March 16, 2026
- Tenure: 90 days (3 months)
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing with no direct impact on equity markets or broader trading operations.
Operational Impact: Standard operational procedures apply for BSE Debt segment trading members. The instrument provides institutional investors another short-term investment option from a rated corporate issuer.
Investor Impact: Limited to debt market participants and institutional investors dealing in commercial paper. The high credit ratings (A1+) indicate strong short-term creditworthiness of KEC International Ltd.
Impact Justification
Routine commercial paper listing with 3-month maturity. Limited market impact as it's a standard short-term debt instrument on private placement basis.