Loan & Debt21 Oct 2026, 08:20 pm
Sunteck Realty Issues ₹70 Cr Commercial Paper
AI Summary
Sunteck Realty Ltd. has announced the issuance of Commercial Paper worth ₹70 Crores, with a face value of ₹5,00,000/- per unit. The instrument has a tenure of 180 days, maturing on April 19, 2027. The interest rate offered is 7.75% per annum, payable immediately, with the principal due on maturity. The Commercial Paper is listed on BSE Limited and carries an 'INDA1+' credit rating from India Ratings & Research. It is an unsecured instrument.
Key Highlights
- Sunteck Realty issued ₹70 Cr in Commercial Paper.
- The instrument has a 180-day tenure maturing April 19, 2027.
- Interest rate is 7.75% p.a., with principal payable on maturity.
- Credit rating is 'INDA1+' by India Ratings & Research.
- The Commercial Paper is listed on BSE Limited.
Price Impact
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