Description

PCBL Chemical Limited's commercial paper worth Rs. 100 crore listed on BSE Debt segment with ICRA A1+ rating, maturing on February 4, 2026.

Summary

PCBL Chemical Limited has listed new commercial paper worth Rs. 100 crore (2,000 units of Rs. 5 lakh each) on BSE’s Debt segment. The securities were issued on private placement basis with allotment date of November 6, 2025, and will mature on February 4, 2026. The commercial paper carries an ICRA A1+ credit rating and was issued at a discount (Rs. 492,447.50 per unit against face value of Rs. 500,000). YES Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • 2,000 units of commercial paper listed, each with face value of Rs. 5,00,000
  • Total issue size: Rs. 100 crore
  • Issue price: Rs. 492,447.50 per unit (discount to face value)
  • Credit rating: ICRA A1+
  • Scrip Code: 730663
  • Scrip ID: PCL061125
  • ISIN: INE602A14489
  • Market lot: 1 unit
  • Trading in dematerialized form only
  • Standard trading denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE602A14489
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded with tick size of 1 paise
  • For clarifications, trading members should contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 6, 2025
  • Listing Date: November 27, 2025
  • Redemption Date: February 4, 2026
  • Tenure: 90 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing for short-term funding needs of PCBL Chemical Limited. The instrument has a short 90-day tenure and affects only the debt market segment.

Investor Impact: Low to moderate for debt market participants. The ICRA A1+ rating indicates high credit quality and safety for short-term investments. The discount issuance provides yield for investors.

Company Impact: Positive for PCBL Chemical Limited as it provides access to short-term working capital financing at competitive rates, leveraging its strong credit rating.

Operational Impact: None for equity market participants. Debt segment traders dealing in commercial paper will have access to this new instrument for trading and investment.

Impact Justification

Routine commercial paper listing for short-term borrowing; limited market-wide impact, relevant primarily to debt investors and the issuing company