Description
BSE announces the listing of 4000 Commercial Papers of Rs. 5 lakh each issued by Pilani Investment and Industries Corporation Limited on private placement basis, effective December 15, 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 15, 2025. A total of 4000 Commercial Papers with face value of Rs. 5,00,000 each have been listed under scrip code 730771.
Key Points
- Quantity: 4000 Commercial Papers
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,91,725 per unit
- Scrip Code: 730771
- Scrip ID: PIIC151225
- ISIN: INE417C14AJ8
- 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 routine listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE417C14AJ8
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size of 1 paise must be observed for trading
Important Dates
- Date of Allotment: December 15, 2025
- Listing Date: December 15, 2025
- Redemption Date: March 16, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt investment opportunities for institutional investors. The high credit ratings (CARE A1+ and CRISIL A1+) indicate strong creditworthiness. No impact on equity trading or broader market operations. Trading members are only required to be aware of the trading parameters for these debt securities.
Impact Justification
Routine listing of commercial paper on private placement basis with no impact on equity markets or trading members beyond informational awareness.