Banking and Investment Committee approves issuance of 100 Commercial Papers aggregating INR 5 crore
The Banking and Investment Committee on October 23, 2026 approved issuance of 100 Commercial Papers of face value INR 5,00,000 each, aggregating INR 5 crore.
By ScoutQuest · · 2 min read
- Aggregate issue size
- 100 Commercial Papers of face value INR 5,00,000 each, aggregating INR 5 crore
- Proposed issue and allotment date
- October 26, 2026
- Maturity date
- February 23, 2027
What was announced
The Banking and Investment Committee of the company, at its meeting on Friday, October 23, 2026, approved the issuance of Commercial Papers. The company disclosed this to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The numbers
- Number of units approved: 100 units of Commercial Papers
- Face value of each unit: INR 5,00,000/-
- Total aggregate value: INR 5 crore
- Proposed issue and allotment date: October 26, 2026
- Maturity date: February 23, 2027
Where they will be listed
The Commercial Papers are proposed to be listed on BSE Limited. The update says the issuance is subject to compliance with applicable law and directions, notifications and circulars issued by the Reserve Bank of India, SEBI or any other regulatory authority.
What this means for a retail reader
A Commercial Paper is a short-term debt instrument that a company issues to raise money, and it carries a maturity date by which it is repaid. Here, the company has approved raising INR 5 crore through 100 units of face value INR 5,00,000/- each, with a maturity date of February 23, 2027.
Because the approval, the proposed allotment date and the maturity date are all stated, the reader can see the size of the borrowing and the period over which it runs. The update states the approval of the issuance and the proposed listing; the pricing or interest cost of the papers is not part of what is stated here, so this announcement tells you about the borrowing itself rather than its cost.
What to take away
This is a routine debt-related disclosure from the company to the exchange, telling the market that its committee has approved a Commercial Paper issuance of INR 5 crore, to be allotted on October 26, 2026 and maturing on February 23, 2027, proposed for listing on BSE.
Also from AK Capital Services
Letters sent on 1st interim dividend credit and payouts that could not be processed
23 Oct 2026
Certificate confirming timely payment of Commercial Paper maturity amount of INR 5,00,00,000
15 Oct 2026
500 Commercial Papers of INR 5,00,000 each allotted, aggregating to INR 25 crore
15 Oct 2026
More numbers
- Units of Commercial Papers approved100 units
- Face value per Commercial PaperINR 5,00,000/-
- Aggregate value of Commercial PapersINR 5,00,00,000/-
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.