Loan & Debt15 Oct 2026, 05:10 pm
INTERISE TRUST Allots ₹729.65 Cr Commercial Papers
AI Summary
INTERISE TRUST, through its Investment Manager Interise Investment Managers Private Limited, has successfully allotted unsecured, listed, and rated commercial papers worth ₹729.65 Crores. The allotment, approved by the Investment and Finance Committee on October 15, 2026, comprises 14,593 commercial papers with a face value of ₹5 Lakhs each. These papers have a tenure of 56 days and are expected to be listed by October 16, 2026. This move signifies a significant fundraising activity for the trust.
Key Highlights
- Allotted commercial papers aggregating ₹729.65 Crores.
- 14,593 unsecured, listed, rated commercial papers issued.
- Commercial papers have a face value of ₹5 Lakhs each.
- Tenure of the commercial papers is 56 days.
- Expected listing date is October 16, 2026.
Price Impact
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