Description

BSE announces listing of 3000 Commercial Papers worth Rs. 5 lakhs each issued by Pilani Investment And Industries Corporation Limited on private placement basis, effective November 21, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Pilani Investment And Industries Corporation Limited on private placement basis. The listing comprises 3000 Commercial Papers of Rs. 5,00,000 each, with a total value of Rs. 150 crores, and will be traded on the BSE Debt segment from November 21, 2025.

Key Points

  • Quantity: 3000 Commercial Papers
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,664.50 per unit
  • Scrip Code: 730613
  • Scrip ID: PICL211125
  • ISIN: INE417C14AF6
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market Lot: 1
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE417C14AF6
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members should use the specified tick size of 1 paise
  • For clarifications, trading members should contact debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Effective Date: November 21, 2025
  • Redemption Date: February 20, 2026

Impact Assessment

This listing has minimal market impact as it is a routine commercial paper issuance on private placement basis. The securities are limited to the debt segment with a 91-day maturity period. Impact is restricted to institutional investors and trading members dealing in debt instruments. The CARE A1+ and CRISIL A1+ ratings indicate high credit quality, reducing default risk for investors.

Impact Justification

Routine commercial paper listing with no broader market impact; affects only debt segment trading members and investors in this specific instrument