Solar Industries places commercial paper worth Rs 50 crore in favor of Axis Bank

Solar Industries India Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 532725 | NSE: SOLARINDS

23 Nov 2021 Evaluate

Solar Industries has placed the commercial paper (CP) amounting to Rs 50 crore on November 22, 2021 in favor of Axis Bank, having maturity date of February 21, 2022. The company has also listed aforesaid Commercial Paper with BSE.

Solar Industries is one of the largest manufacturers and suppliers of Explosives and Explosive Accessories in India covering the entire range of products such as Bulk and Cartridge Explosives, Detonators, Detonating Cords, Pentaerythritol Tetranitrate (PETN), and Cast Boosters.

Peers

Company Name	CMP
Godrej Industries	1103.75
SRF	2544.90
BASF India	3664.25
Pidilite Inds.	1575.00
Tata Chemicals	694.60
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.