Description
BSE announces listing of Rs. 500 crore Commercial Paper issued by Solar Industries India Limited on private placement basis, effective November 12, 2025.
Summary
BSE has listed new Commercial Paper issued by Solar Industries India Limited on private placement basis with effect from November 12, 2025. The issue comprises 1,000 units of Rs. 5,00,000 each (total Rs. 500 crore) with ICRA A1+ rating. The securities are allotted on November 11, 2025 and will mature on February 9, 2026, representing a 90-day tenure.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000 face value each
- Quantity: 1,000 units (total Rs. 500 crore)
- Scrip Code: 730539
- Scrip ID: SIIL111125
- ISIN: INE343H14204
- Credit Rating: ICRA A1+
- Issue Price: Rs. 4,92,399.50 per unit
- Issuing and Paying Agent: ICICI Bank Limited
- Trading: Dematerialised form only
- Market Lot: 1 unit
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes announced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE343H14204
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment only
Important Dates
- Notice Date: November 12, 2025
- Date of Allotment: November 11, 2025
- Listing Date: November 12, 2025
- Date of Redemption: February 9, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides Solar Industries India Limited access to short-term funding through the debt market for approximately 90 days. The ICRA A1+ rating indicates strong credit quality. Impact is limited to debt market participants and investors interested in highly-rated short-term corporate debt instruments. No impact on equity markets or broader trading operations.
Impact Justification
Routine commercial paper listing with no market-wide implications; affects only debt segment investors interested in Solar Industries' short-term debt instruments