Solar Industries India Limited informed the exchanges Wednesday that the company has placed the Commercial Paper (CP) amounting to Rs50cr on December 23, 2020, in favour of ICICI Bank Limited, having a maturity date of March 23, 2021.
The company has also listed aforesaid Commercial Paper with BSE Limited. Meanwhile, credit rating agency, CRISIL Limited reaffirmed CRISIL A1+ rating on Rs50cr Commercial Paper of the company.
At around 10.34 am, Solar Industries India Limited was trading at Rs1070 per piece up Rs12.05 or 1.14% on the BSE.