Pursuant to the requirement of Regulation 30 of the SEBI (LODR) Regulations 2015 read with other applicable provisions, if any, Solar Industries (India) has informed that in terms of the guidelines issued by Reserve Bank of India, the Company has placed the Commercial Paper (CP) amounting to Rs 50 Crores on September 22, 2020 in favor of ICICI Bank, having maturity date of December 21, 2020. The Company has also listed aforesaid Commercial Paper with the stock exchange.
The above information is a part of company’s filings submitted to BSE.