PCBL Chemical Ltd Allots Commercial Paper of Rs. 200 Crores
PCBL Chemical Ltd announced the allotment of Commercial Paper (CP) worth Rs. 200 Crores on April 23, 2026. The funds were allotted through the Fund Raising Committee-Commercial Paper, capitalizing on the company's internal delegation of power from its Board of Directors.The company allotted 4,000 units of the Commercial Paper, with each unit having a Face Value of Rs. 5,00,000/-.
The key details of the commercial paper issuance are summarized below:
| Detail | Description |
|---|---|
| Company Name | PCBL Chemical Ltd (formerly PCBL Limited) |
| Issue Size | Rs. 200 Crores |
| Units Allotted | 4,000 units |
| Face Value per Security | Rs. 5,00,000/- |
| ISIN | INE602A14497 |
| Tenure | 90 Days |
| Allotment Date | April 23, 2026 |
| Maturity Date | July 22, 2026 |
| Interest Rate | 6.38% p.a. |
| Security Status | Unsecured |
| Listing Status | Yes, proposed to be listed on BSE Ltd. |
| Beneficiary | Kotak Mahindra Bank |
Under the payment structure, the company confirmed that the coupon interest payment schedule is upfront, while the principal amount will be paid upon maturity. The commercial paper also specifies that there are no special rights attached to the CPs.
PCBL Chemical Ltd, which operates with its registered office at 31 Netaji Subhas Road, Kolkata, West Bengal, India, completed this funding round, marking a material transaction for the company's capital structure.
PCBL Stock Price Movement
Shares of PCBL Chemical Limited are gaining momentum, trading up 1.22% as of 1:52 PM, currently positioned at ₹293.65. This strong intraday rally persists amid significant market interest, with the stock actively exchanging hands across 1.09 million shares in the live session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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