Solar Industries India raises Rs 75 crore through commercial paper

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

21 Feb 2025 Evaluate

Solar Industries India has raised Rs 75 crore through Commercial Paper on February 20, 2025. The maturity of the said Commercial Paper will be on March 27, 2025. Tenure of instrument is 35 days.

Earlier, the company’s wholly owned subsidiary -- Economic Explosive (EEL) had inked contracts with Ministry of Defence for supply of Area Denial Munition (ADM) Type-1 (DPICM) and High Explosive Pre-Fragmented (HEPF) Mk-1 (Enhanced) rockets respectively for PINAKA Multiple Launcher Rocket System (MLRS).

Solar Industries India is a Dynamic & Energetic company that continues to grow sustainably over the years.

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.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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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.