Description

Solar Defence and Aerospace Limited has listed new Commercial Paper worth Rs. 50 crores on BSE Debt segment with maturity date of February 26, 2026.

Summary

BSE has listed new Commercial Paper issued by Solar Defence and Aerospace Limited on private placement basis effective December 1, 2025. The issuance totals Rs. 50 crores (1000 units of Rs. 5 lakhs each) with ICRA A1+ credit rating and will mature on February 26, 2026. ICICI Bank Limited acts as the Issuing and Paying agent.

Key Points

  • Commercial Paper quantity: 1000 units of Rs. 5,00,000/- each (total Rs. 50 crores)
  • Scrip Code: 730672, Scrip ID: SDAL281125
  • ISIN Number: INE02AL14023
  • Credit Rating: ICRA A1+
  • Face Value: Rs. 5,00,000/- per unit
  • Issue Price: Rs. 4,92,411.50/- per unit (discount of Rs. 7,588.50)
  • Market Lot: 1 unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE02AL14023
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 28, 2025
  • Listing Date: December 1, 2025
  • Redemption Date: February 26, 2026
  • Tenure: 90 days

Impact Assessment

Minimal market impact. This is a routine short-term debt instrument listing on the BSE Debt segment. The commercial paper is issued on private placement basis and does not affect equity trading. The ICRA A1+ rating indicates highest credit quality for short-term debt. The discount pricing (Rs. 4,92,411.50 vs face value Rs. 5,00,000) reflects a competitive short-term yield for investors in the 90-day instrument.

Impact Justification

Routine commercial paper listing on debt segment with no impact on equity trading or broader market operations