Solar Industries raises ₹100 crore through commercial paper issuance
Solar Industries India Limited has successfully issued Commercial Paper amounting to INR 100 Crores on December 23, 2025. This issuance comprises 2,000 units of Commercial Paper, which will be listed on the BSE Limited. The instrument has a tenure of 90 days, with the date of allotment also being December 23, 2025, and a maturity date of March 23, 2026.
The Commercial Paper carries a coupon/interest rate of 6.28%, payable upfront. The principal amount will be paid upon maturity. The company confirmed that no charge or security has been created over its assets for this issuance, and there are no special rights or privileges attached to the instrument.
This move aligns with Solar Industries' strategic financial management under existing listing regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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