Solar Industries India Ltd has issued commercial papers worth ₹100 crore on December 23, 2025. The unsecured instrument, carrying a 6.28% coupon, has a 90-day tenure, maturing on March 23, 2026. The commercial paper is proposed to be listed on BSE, with upfront interest payment.
Solar Industries India Limited has announced the issuance of commercial papers (CPs) aggregating to ₹100 crore on December 23, 2025. This short-term debt instrument, carrying a coupon rate of 6.28%, aims to meet the company’s working capital and short-term financing requirements.
The CPs have a tenure of 90 days and are proposed to be listed on BSE Limited. Interest will be paid upfront, while the principal amount will be repaid at maturity on March 23, 2026. The issue comprises 2,000 units and carries no special rights, privileges, or asset-backed security.
By opting for this CP issuance, Solar Industries continues to diversify its funding sources and manage liquidity efficiently amid stable credit conditions. The absence of defaults or delays reflects the firm’s robust financial health and disciplined capital management approach.
Key Highlights:
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Issue size: ₹100 crore (2,000 units).
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Tenure: 90 days; maturity on March 23, 2026.
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Coupon rate: 6.28% with upfront payment.
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Listing: Proposed on BSE Limited.
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Security: Unsecured; no charge on assets.
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Purpose: Short-term funding and working capital needs.
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Company status: No defaults or payment delays reported.
Source: NSE Corporate Filings, BSE Corporate Announcements.