SG Finserve Issues ₹30 Crore Commercial Paper

SG Finserve Limited has announced the issuance of Commercial Papers (CPs) worth ₹30 Crore. The CPs have an ISIN of INE618R14059, with an allotment date of October 1, 2026, and a maturity date of November 27, 2026. The security carries a rate of 7.55% and a tenure of 57 days. The issuance is in favour of India Shelter Finance Corporation Limited and has received an 'A1+' credit rating from ICRA. These Commercial Papers are slated to be listed on the BSE Limited. This move indicates SG Finserve's engagement in short-term debt financing to manage its working capital needs.