Description

BSE announces listing of 3000 Commercial Papers of Rs.5,00,000/- each issued by Pilani Investment And Industries Corporation Limited on private placement basis, effective November 21, 2025.

Summary

BSE has listed and admitted to trading new Commercial Papers issued by Pilani Investment And Industries Corporation Limited on private placement basis. The listing is effective from November 21, 2025, on the BSE Debt segment. A total of 3000 Commercial Papers with a face value of Rs.5,00,000/- each have been listed with ISIN INE417C14AF6.

Key Points

  • Security Type: Commercial Paper issued on private placement basis
  • Quantity: 3000 units
  • Face Value: Rs.5,00,000/- per unit
  • Issue Price: Rs.4,91,664.50/- per unit
  • Market Lot: 1 unit
  • Scrip Code: 730613
  • Scrip ID: PICL211125
  • ISIN Number: INE417C14AF6
  • Credit Rating: CARE A1+, CRISIL A1+
  • Trading: 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 announced in this circular.

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
  • Tick size of 1 paise must be followed for price movements

Important Dates

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

Impact Assessment

This is a routine debt instrument listing with minimal market impact. The commercial paper has a short tenor of approximately 3 months and is rated A1+ by both CARE and CRISIL, indicating highest safety. The listing expands the debt segment offerings but has limited impact on broader market operations. Trading members of BSE debt segment can now trade these instruments. For clarifications, trading members can contact BSE debt department at specified phone numbers.

Impact Justification

Routine debt instrument listing with no broader market impact beyond adding new commercial paper to BSE debt segment