PCBL Limited has announced the issuance and allotment of commercial paper (CP) totaling ₹100 Crores on November 6, 2025. This issuance consists of 2,000 units of commercial paper, each with a face value of ₹5,00,000. The CPs have a maturity date of February 4, 2026 and offer a discount rate equivalent to 6.22% p.a. The funds raised through the issuance of the CP will be used for general corporate purposes.
Commercial Paper Issuance
PCBL Limited has successfully issued and allotted commercial paper aggregating to ₹100 Crores on November 6, 2025. The issuance consists of 2,000 units, each having a face value of ₹5,00,000.
Details of the Security
The commercial paper has an ISIN code of INE602A14489. The face value per security is ₹5,00,000, and they are proposed to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
Key Dates and Rates
The date of allotment is November 6, 2025, and the maturity date is February 4, 2026. The coupon/interest offered is equivalent to a discount rate of 6.22% p.a., paid upfront. Principal repayment is scheduled for maturity.
Other Details
The issued commercial papers are unsecured. Kotak Mahindra Bank serves as the issuing and paying agent (IPA), and Yes Bank Limited is also an IPA for this issuance. There are no special rights or privileges attached to the CPs. There is no delay or default in payment of interest/principal.
Source: BSE
