Description

BSE announces listing of Commercial Paper worth Rs. 50 crore issued by Solar Industries India Limited on private placement basis, effective November 12, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Solar Industries India Limited on a private placement basis. The instruments totaling Rs. 50 crore (1000 units of Rs. 5 lakh each) are now available for trading on the BSE Debt segment effective November 12, 2025. The Commercial Paper carries an ICRA A1+ credit rating and has a maturity period of 90 days.

Key Points

  • 1000 units of Commercial Paper listed, each with face value of Rs. 5,00,000
  • Total issue size: Rs. 50 crore
  • Scrip Code: 730539, Scrip ID: SIIL111125
  • ISIN: INE343H14204
  • Issue price: Rs. 4,92,399.50 per unit
  • Credit rating: ICRA A1+
  • Allotment date: November 11, 2025
  • Redemption date: February 9, 2026
  • ICICI Bank Limited acts as Issuing and Paying Agent
  • Trading permitted only in dematerialized form
  • Market lot: 1 unit
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes. This is a routine listing announcement for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE343H14204
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded on BSE Debt segment only
  • Trading members requiring clarification should contact BSE debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: November 12, 2025
  • Listing Effective Date: November 12, 2025
  • Allotment Date: November 11, 2025
  • Redemption Date: February 9, 2026

Impact Assessment

Market Impact: Minimal. This is a routine listing of short-term debt instruments issued on private placement basis.

Operational Impact: Limited to debt segment trading members and institutional investors who participate in commercial paper markets. The listing provides an additional trading avenue for the instrument but does not affect equity markets or broader market operations.

Investor Impact: Relevant only for debt investors and institutions interested in highly-rated (A1+) short-term commercial paper with 90-day maturity. The discount on issue price (Rs. 4,92,399.50 vs Rs. 5,00,000 face value) implies an annualized yield for investors.

Impact Justification

Routine debt instrument listing with no market-wide impact, affects only debt segment trading members and investors in commercial paper