Description

KEC International Ltd has listed new Commercial Paper worth Rs. 50 crores (1000 securities of Rs. 5 lakhs each) on BSE Debt segment, maturing on March 16, 2026.

Summary

KEC International Ltd has successfully listed new Commercial Paper securities on the BSE Debt segment with effect from December 16, 2025. The issuance consists of 1000 securities of face value Rs. 5,00,000 each, totaling Rs. 50 crores, issued on private placement basis. The securities are rated CRISIL A1+ and IND A1+, with a maturity period of 3 months.

Key Points

  • Total issue size: Rs. 50 crores (1000 securities × Rs. 5 lakhs)
  • Issue price: Rs. 4,91,397 per security (discount to face value)
  • Face value: Rs. 5,00,000 per security
  • Credit rating: CRISIL A1+ and IND A1+ (highest short-term rating)
  • Market lot: 1 security
  • Scrip Code: 730783
  • Scrip ID: KECIL16325
  • ISIN: INE389H14LS6
  • Trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Axis Bank Limited

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE389H14LS6
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment

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 commercial paper listing by KEC International Ltd, a regular issuer in the debt market. The 3-month maturity instrument provides short-term funding to the company.

Investor Impact: Limited to institutional investors and high net-worth individuals participating in the debt market, as commercial papers are typically subscribed by money market participants.

Operational Impact: None for equity market participants. Relevant only for debt market trading members dealing with commercial paper instruments.

Impact Justification

Routine debt listing notification for commercial paper issuance by KEC International. Standard market operation with no regulatory changes or compliance requirements for general market participants.