Solar Industries India Limited has announced the issuance of Commercial Paper aggregating to ₹100 crores on December 23, 2025. The Commercial Paper is proposed to be listed on the BSE Limited and has a tenure of 90 days, maturing on March 23, 2026. The coupon rate is set at 6.28%, payable upfront.
Commercial Paper Issuance
Solar Industries India Limited has issued Commercial Paper amounting to ₹100 Crores on December 23, 2025. This issuance aims to meet the company’s short-term funding requirements.
Key Details of the Commercial Paper
The key details of the commercial paper are as follows:
- Size of the Issue: ₹100 Crores
- Number of Units: 2000
- Listing: BSE Limited (proposed)
- Tenure: 90 days
- Allotment Date: December 23, 2025
- Maturity Date: March 23, 2026
- Coupon/Interest Rate: 6.28%
- Interest Payment: Upfront
- Principal Payment: On maturity
Additional Information
There are no special rights or privileges attached to the instrument. The company also confirmed that there are no delays anticipated in the payment of interest or principal. The payment will be made on maturity.
Source: BSE