PCBL Chemical Allots ₹200 Cr Commercial Paper at 6.38% p.a.

PCBL Chemical Ltd's Fund Raising Committee has allotted 4,000 units of Commercial Paper (CP) aggregating to ₹200 Crores. Each CP has a face value of ₹5,00,000. The CPs have a tenure of 90 days, with an allotment date of April 23, 2026, and a maturity date of July 22, 2026. The interest rate offered is 6.38% per annum, payable upfront. These unsecured instruments are proposed to be listed on BSE Ltd. Kotak Mahindra Bank is the issuer, and Yes Bank Limited is the IPA. This issuance represents a short-term debt financing activity for the company.