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 Paper securities issued by Pilani Investment And Industries Corporation Limited on private placement basis. A total of 9,500 Commercial Papers with face value of Rs. 5,00,000 each have been admitted to trading on the BSE Debt segment effective December 11, 2025. The securities were allotted on December 10, 2025 and will redeem on March 11, 2026.
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 unit
- Tick Size: 1 paise
- Trading: Dematerialized form only
- Standard Denomination: Rs. 5 lakhs and multiples thereof
- Issuing and Paying Agent: ICICI Bank Ltd
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE417C14AH2
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be adhered to for price movements
Important Dates
- Notice Date: December 11, 2025
- Listing Date: December 11, 2025
- Allotment Date: December 10, 2025
- Redemption Date: March 11, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt financing to Pilani Investment And Industries Corporation Limited for approximately 3 months. The securities have strong credit ratings (CARE A1+ and CRISIL A1+), indicating low credit risk. Impact is limited to debt market participants and investors in commercial paper instruments.
Impact Justification
Routine listing of commercial paper on private placement basis with no broad market impact