Solar Industries India Limited confirmed the successful fulfillment of its payment obligation concerning the Commercial Paper (CP) issued on November 11, 2025. The CP, amounting to Rs. 50 Crores and issued in favor of ICICI Bank Limited, matured on February 09, 2026. The company certifies that the entire redemption amount was paid precisely on the scheduled due date, ensuring compliance with all listing requirements.
Commercial Paper Redemption Confirmed
Solar Industries India Limited has formally notified the stock exchanges regarding the completion of its payment liability related to previously issued Commercial Paper (CP). This announcement serves to confirm that the company has met its financial obligations in full.
Details of the Instrument
The Commercial Paper was initially issued on November 11, 2025, with a total outstanding value of Rs. 50 Crores. This instrument was issued in favor of ICICI Bank Limited. The specified maturity date for this CP was February 09, 2026, corresponding to the ISIN INE343H14204.
Fulfillment of Obligation
Solar Industries India Limited certifies that the redemption amount totaling Rs. 50 Crores was successfully paid to the holders on the official due date, which was February 09, 2026. This confirmation verifies strict adherence to the terms of the CP issuance and compliance with financial regulations.
Source: BSE