Description

BSE announces listing of 10,000 Commercial Papers of Rs. 5 lakh each issued by Pilani Investment and Industries Corporation Limited on private placement basis, effective December 12, 2025.

Summary

BSE has listed 10,000 new Commercial Papers issued by Pilani Investment and Industries Corporation Limited on private placement basis in the BSE Debt segment effective December 12, 2025. The securities have a face value of Rs. 5,00,000 each with credit ratings of CARE A1+ and CRISIL A1+, and will mature on March 13, 2026.

Key Points

  • Total quantity: 10,000 Commercial Papers
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,91,725 per unit
  • Scrip Code: 730762
  • Scrip ID: PIIC121225
  • ISIN: INE417C14AI0
  • Credit Rating: CARE A1+, CRISIL A1+
  • Market lot: 1 unit
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE417C14AI0
  • Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members must use the tick size of 1 paise for trading these securities
  • For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 12, 2025
  • Allotment Date: December 12, 2025
  • Listing Date: December 12, 2025
  • Redemption Date: March 13, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides a short-term debt instrument (91-day maturity) for institutional investors and trading members in the debt segment. The high credit ratings (A1+ from both CARE and CRISIL) indicate strong creditworthiness. The impact is limited to debt market participants dealing with commercial papers and does not affect equity markets or retail investors.

Impact Justification

Routine commercial paper listing with limited market-wide impact, affects only debt segment trading members dealing with this specific issuer