Solar Industries raises Rs 50 crore through Commercial Paper
23rd Sep 2020

Solar Industries has placed the Commercial Paper (CP) amounting to Rs 50 crore on September 22, 2020, in terms of the guidelines issued by Reserve Bank of India, having maturity date of December 21, 2020 in favor of ICICI Bank.

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.