Solar Industries India Issues ₹100 Crore Commercial Paper on December 23

1 min read     Updated on 23 Dec 2025, 06:44 PM
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Overview

Solar Industries India Limited has issued commercial paper worth ₹100 crores on December 23, 2025, as disclosed through regulatory filing to stock exchanges. The aerospace and defence sector company filed the intimation under SEBI Listing Regulations, demonstrating its access to capital markets for short-term funding needs.

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*this image is generated using AI for illustrative purposes only.

Solar Industries India Limited has issued commercial paper worth ₹100.00 crores on December 23, 2025, as per the regulatory filing submitted to stock exchanges under SEBI Listing Regulations.

Commercial Paper Issuance Details

The company has successfully raised funds through the issuance of commercial paper, informing both NSE and BSE about this short-term fundraising initiative. The filing was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter Details
Issue Amount ₹100.00 crores
Issue Date December 23, 2025
Instrument Type Commercial Paper
Company Sector Aerospace & Defence
NSE Symbol SOLARINDS
BSE Scrip Code 532725

Regulatory Compliance

The intimation was filed through NEAPS for NSE and BSE Listing Center for BSE, ensuring compliance with applicable listing regulations. The filing confirms that there are no delays in payment obligations or defaults concerning the instrument.

About Commercial Paper

Commercial paper represents an unsecured, short-term debt instrument typically issued by companies to finance immediate operational needs. This funding mechanism allows corporations to access quick liquidity without the lengthy processes associated with traditional bank loans or bond issuances.

Strategic Implications

The issuance of commercial paper worth ₹100.00 crores demonstrates Solar Industries India Limited's ability to access capital markets for short-term funding requirements. This financial instrument is expected to provide the company with enhanced liquidity to support its ongoing business operations and strategic initiatives in the aerospace and defence sector.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%+5.72%+3.61%-20.97%+35.35%+1,054.87%
Solar Industries
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Solar Industries India Appoints Ramesh M. Bhujang as Independent Director

1 min read     Updated on 04 Dec 2025, 04:39 PM
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Reviewed by
Ashish TScanX News Team
Overview

Solar Industries India Limited has appointed Shri Ramesh M. Bhujang as an Additional Director, designated as a Non-Executive Independent Director, for a two-year term effective December 3, 2025, subject to shareholder approval. Bhujang brings over four decades of experience in banking, infrastructure finance, and industrial development. He previously held senior roles at L&T Infrastructure Finance Ltd and Asian Finance Investment Corporation Ltd, Manila. Bhujang holds master's degrees in Economics and Development Management.

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*this image is generated using AI for illustrative purposes only.

Solar Industries India Limited , a prominent player in the Indian industrial sector, has announced a change to its board of directors. The company has appointed Shri Ramesh M. Bhujang as an Additional Director, designated as a Non-Executive Independent Director, for a term of two years.

Key Details of the Appointment

Aspect Details
Appointee Shri Ramesh M. Bhujang
Position Additional Director (Non-Executive Independent Director)
Term 2 years
Effective Date December 3, 2025
Approval Status Subject to shareholder approval

Professional Background of Ramesh M. Bhujang

Shri Ramesh M. Bhujang brings experience to Solar Industries India Limited, with over four decades of expertise in key financial sectors:

  • Banking
  • Infrastructure finance
  • Industrial development

Previous Roles and Education

Aspect Details
Previous Senior Role L&T Infrastructure Finance Ltd
International Experience Asian Finance Investment Corporation Ltd, Manila (Associate Managing Director - Investments)
Education - Master's in Economics from Bombay University
  • Master's in Development Management from Asian Institute of Management |

The appointment of Shri Bhujang is a move by Solar Industries India Limited, potentially aimed at leveraging his experience in finance and development to guide the company's future growth and strategic decisions. His background in both domestic and international financial institutions could provide insights for the company's operations and expansion plans.

It's important to note that while the board of directors has approved this appointment, it remains subject to shareholder approval, as is standard practice for such high-level corporate appointments.

This addition to the board underscores Solar Industries India Limited's commitment to strengthening its governance structure with experienced professionals.

Historical Stock Returns for Solar Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.13%+5.72%+3.61%-20.97%+35.35%+1,054.87%
Solar Industries
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