Solar Industries India Limited Issues Commercial Paper Worth ₹100 Crores
Solar Industries India Limited (the Company) has announced the issuance of Commercial Paper aggregating to ₹100 crores on December 23, 2025. The Commercial Paper has a size of ₹100 Crores, consisting...
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Why is Solar Industries India Limited in the news today?
Solar Industries India Limited (SOLARINDS) is in the news due to the announcement details a routine debt fundraising activity through commercial paper issuance, which is a standard financial operation for companies and does not inherently indicate positive or negative performance.
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Solar Industries India Limited Issues Commercial Paper Worth ₹100 Crores
December 23, 2025, 12:59 PM
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Solar Industries India Limited (the Company) has announced the issuance of Commercial Paper aggregating to ₹100 crores on December 23, 2025.
The Commercial Paper has a size of ₹100 Crores, consisting of 2000 units, and is proposed for listing on BSE Limited. The instrument has a tenure of 90 days, with an allotment date of December 23, 2025, and a maturity date of March 23, 2026. The coupon/interest offered is 6.28%, with interest paid upfront and principal paid on maturity. No special rights are attached to the instrument, and there are no charges created over the assets. The company confirmed there are no delays or defaults in payment obligations related to this security.
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