Investment22 Apr 2025, 02:05 pm
Tata Communications Ltd Issues INR 500 Crore Commercial Paper at 6.58% Discount Rate
AI Summary
Tata Communications Ltd has issued and allotted Commercial Paper amounting to INR 500 crore. The Commercial Paper has a face value of INR 5,00,000 per security and a discount rate of 6.58% per annum. The CP was issued on April 17, 2025, and will be redeemed on July 17, 2025. The securities are listed on the National Stock Exchange of India Limited.
Key Highlights
- Tata Communications Ltd issues INR 500 crore Commercial Paper
- Face value per security is INR 5,00,000
- Discount rate set at 6.58% per annum
- Issue date is April 17, 2025, and redemption date is July 17, 2025
- Listed on the National Stock Exchange of India Limited