Description
Solar Industries India Limited has listed Commercial Paper worth Rs. 50 crore on BSE Debt segment with maturity date of February 9, 2026.
Summary
Solar Industries India Limited has listed new Commercial Paper worth Rs. 50 crore (1000 units of Rs. 5 lakh each) on BSE’s Debt segment. The securities were issued on private placement basis with allotment on November 11, 2025 and will mature on February 9, 2026. The paper carries an ICRA A1+ credit rating and is available for trading in dematerialized form only.
Key Points
- Total issue size: Rs. 50 crore (1000 units)
- Face value: Rs. 5,00,000 per unit
- Issue price: Rs. 4,92,399.50 per unit (discount to face value)
- Scrip Code: 730539, Scrip ID: SIIL111125
- ISIN: INE343H14204
- Credit rating: ICRA A1+
- Market lot: 1 unit
- Tick size: 1 paise
- Trading denomination: Rs. 5 lakhs and multiples thereof
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
- Securities must be traded under ISIN Number INE343H14204
Important Dates
- Notice Date: November 12, 2025
- Allotment Date: November 11, 2025
- Listing Date: November 12, 2025
- Redemption Date: February 9, 2026
- Tenor: 90 days (approximately)
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The issuance provides short-term funding to Solar Industries India Limited for a period of approximately 90 days. The A1+ rating from ICRA indicates highest credit quality and minimal credit risk. The listing expands debt market options for institutional investors seeking short-term instruments. Trading members can contact BSE debt department for clarifications.
Impact Justification
Routine commercial paper listing for short-term funding, limited market impact