Description
Solar Defence and Aerospace Limited has listed new Commercial Papers worth Rs. 50 crores on BSE Debt segment with maturity on February 26, 2026.
Summary
Solar Defence and Aerospace Limited has listed 1000 units of Commercial Paper on BSE Debt segment on December 01, 2025. The Commercial Papers have a face value of Rs. 5 lakhs each (total Rs. 50 crores), issued on private placement basis with ICRA A1+ credit rating. The instruments were allotted on November 28, 2025, and will mature on February 26, 2026. ICICI Bank Limited is the Issuing and Paying agent.
Key Points
- 1000 units of Commercial Paper listed on BSE Debt segment
- Face value: Rs. 5,00,000 per unit (total Rs. 50 crores)
- Issue price: Rs. 4,92,411.50 per unit
- ISIN: INE02AL14023
- Scrip Code: 730672, Scrip ID: SDAL281125
- Credit rating: ICRA A1+
- Allotment date: November 28, 2025
- Redemption date: February 26, 2026
- Issuing and Paying agent: ICICI Bank Limited
- Trading in dematerialized form only
- Market lot: 1 unit
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. This is a standard listing notification for debt instruments.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- The tick size for the securities is 1 paise
- Trading members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 28, 2025
- Listing Date: December 01, 2025
- Redemption Date: February 26, 2026
- Tenure: 90 days (approximately 3 months)
Impact Assessment
Market Impact: Low. This is a routine commercial paper listing by Solar Defence and Aerospace Limited. Commercial papers are short-term debt instruments used for working capital management.
Investor Impact: Limited to debt market participants and institutional investors who trade in commercial papers. The ICRA A1+ rating indicates high credit quality and adequate degree of safety regarding timely payment.
Trading Impact: Trading will be conducted in the BSE Debt segment with standard market lot of 1 unit and minimum denomination of Rs. 5 lakhs, making it accessible primarily to institutional investors.
Impact Justification
Routine commercial paper listing by Solar Defence and Aerospace Limited. Standard debt instrument with 90-day maturity, minimal market-wide impact.