Loan & Debt24 Aug 2026, 03:41 pm
Tata Communications Issues ₹300 Cr Commercial Paper
AI Summary
Tata Communications Limited has announced the issuance and allotment of Commercial Paper totaling ₹300 crore. The Commercial Paper has a face value of ₹5,00,000 per security, was issued on August 21, 2026, and is set for redemption on February 17, 2027. The discount rate for this issuance is 7.00% per annum. The ISIN for this security is INE151A14347. The Commercial Paper has been listed on the National Stock Exchange of India Limited on August 24, 2026. This move indicates the company's strategy to manage its short-term funding needs.
Key Highlights
- Tata Communications issued ₹300 crore in Commercial Paper.
- The issuance matures on February 17, 2027.
- A discount rate of 7.00% p.a. was applied.
- The Commercial Paper is listed on NSE.
- This is a short-term debt instrument issuance.
Price Impact
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