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Loan & Debt22 Jun 2026, 03:56 pm

Titan Company Ltd Redeems ₹400 Cr Commercial Paper

AI Summary

Titan Company Ltd has announced the full redemption of its Commercial Papers (CPs) amounting to ₹400 crore. The CPs, bearing ISIN INE280A14559, were originally issued on May 27, 2026. The company confirmed that the maturity proceeds have been paid to all holders today. This action is in compliance with SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, concerning the issue and listing of Non-convertible Securities and Commercial Papers. The details of this redemption are also available on the company's website.

Key Highlights

  • Titan Company Ltd fully redeemed Commercial Papers worth ₹400 crore.
  • Maturity proceeds have been paid to all CP holders.
  • Redemption is in line with SEBI operational circulars.
  • The company has fulfilled its debt obligation on the CPs.