Solar Industries India Limited — QIP/Rights/Pref., 20-02-2025: Issue of Securities

Solar Industries India Limited has issued Commercial Paper amounting to ₹75 Cr, consisting of 1,500 units. The tenure of the instrument is 35 days, with an allotment date of 20 February 2025 and a maturity date set for 27 March 2025. It offers a coupon rate of 7.50%, with interest paid upfront and principal due at maturity. This issuance aims to manage short-term funding needs effectively. The Commercial Paper is proposed to be listed on BSE Limited.