Description
BSE announces listing of 9,500 Commercial Papers of Rs. 5 lakh each issued by Pilani Investment And Industries Corporation Limited on private placement basis, effective December 11, 2025.
Summary
BSE has listed new Commercial Papers issued by Pilani Investment And Industries Corporation Limited on private placement basis. The securities are admitted to trading on the BSE Debt segment effective December 11, 2025. The issue comprises 9,500 Commercial Papers with a face value of Rs. 5,00,000 each, rated CARE A1+ and CRISIL A1+.
Key Points
- Quantity: 9,500 Commercial Papers
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,91,725 per unit
- Scrip Code: 730740
- Scrip ID: PIA101225
- ISIN: INE417C14AH2
- Credit Rating: CARE A1+, CRISIL A1+
- Market Lot: 1
- Trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Trading mode: Dematerialized form only
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE417C14AH2
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Notice Date: December 11, 2025
- Date of Allotment: December 10, 2025
- Listing Date: December 11, 2025
- Date of Redemption: March 11, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The Commercial Paper has a short tenure of 3 months and is rated A1+ by both CARE and CRISIL, indicating highest safety for short-term debt. The listing expands debt market options for institutional investors but does not affect broader market operations or retail investors.
Impact Justification
Routine listing of commercial paper on debt segment with no broader market impact