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By Amrita Bhatia , 12 June 2025
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Pimpri Chinchwad Municipal Corporation Launches India’s Fourth Green Bond Listing on BSE

In a significant step toward sustainable financing, the Pimpri Chinchwad Municipal Corporation (PCMC) successfully listed its Rs 200 crore Green Bonds on the Bombay Stock Exchange (BSE) on Tuesday. This marks the first such initiative from Maharashtra and the fourth in India, following similar issuances by municipal corporations in Indore, Surat, and Ghaziabad. The bonds were oversubscribed by 5.13 times, reflecting strong investor confidence.

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