Description
BSE announces listing of 5000 Commercial Papers of Rs. 5 lakh each issued by Pilani Investment And Industries Corporation Limited on private placement basis, effective November 26, 2025.
Summary
BSE has listed 5000 Commercial Papers issued by Pilani Investment And Industries Corporation Limited on private placement basis, effective November 26, 2025. The securities will trade on BSE Debt segment in dematerialized form with face value of Rs. 5,00,000 each and redemption date of February 25, 2026.
Key Points
- 5000 Commercial Papers listed with face value Rs. 5,00,000 each
- Scrip Code: 730655, Scrip ID: PICL261125
- ISIN: INE417C14AG4
- Issue Price: Rs. 4,91,688.50 per unit
- Credit Rating: CARE A1+, CRISIL A1+
- Market Lot: 1 unit
- Trading only in dematerialized form
- 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.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE417C14AG4
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
- Trading members requiring clarification may contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)
Important Dates
- Date of Allotment: November 26, 2025
- Listing Date: November 26, 2025
- Redemption Date: February 25, 2026
- Tenure: 91 days
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The Commercial Paper provides short-term funding for Pilani Investment And Industries Corporation Limited with high credit ratings (A1+ from both CARE and CRISIL), indicating strong creditworthiness. The listing expands debt market options for institutional investors but has no direct impact on equity markets or retail investors.
Impact Justification
Routine debt instrument listing with no impact on equity markets or broader market operations