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Loan & Debt9 Jul 2026, 05:11 pm

SG Finserve Ltd Issues ₹30 Crore Commercial Paper

AI Summary

SG Finserve Ltd has announced the issuance of Commercial Papers (CPs) totaling ₹30 Crore. The security is a Commercial Paper with ISIN INE618R14042, allotted on July 9, 2026, and maturing on August 31, 2026. The tenure of the security is 53 days, with an interest rate of 7.30%. The CPs have been issued in favour of India Shelter Finance Corporation Limited and carry a credit rating of [ICRA] A1+. These Commercial Papers will be listed on BSE Limited.

Key Highlights

  • SG Finserve Ltd raises ₹30 Crore via Commercial Paper issuance.
  • CPs mature on August 31, 2026, with a 7.30% interest rate.
  • Issued in favour of India Shelter Finance Corporation Limited.
  • Credit rating stands at [ICRA] A1+.
  • The Commercial Papers will be listed on BSE Limited.