NLC India issues 20,000 Commercial Papers of Rs.500,000/- each, aggregating Rs.1,000 Crore

NLC India has issued and allotted Commercial Paper.

Mon 12 Oct 2026

Commercial Paper Quantity

20,000 Nos.

Face Value per Commercial Paper

Rs.500,000/- each

Aggregate Value

Rs.1,000 Crore

What the company informed

NLC India Ltd has informed the stock exchanges that 20,000 Nos. of Commercial Paper of a face value of Rs.500,000/- each, aggregating to Rs.1,000 Crore, have been issued and allotted on 12.10.2026.

The information was shared as a disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The figures at a glance

• Number of Commercial Papers issued and allotted: 20,000 Nos.
• Face value of each Commercial Paper: Rs.500,000/-
• Total aggregate value: Rs.1,000 Crore
• Date of issue and allotment: 12.10.2026

What is Commercial Paper

Commercial Paper is a short-term debt instrument that companies use to borrow money, usually for a period of up to one year. It is typically issued to institutional investors and is a way of raising funds without going for a long-term loan or a fresh share issue.

Because it is a borrowing, the amount raised shows up as a liability for the company, which it is expected to repay at maturity along with the agreed cost of borrowing.

How a retail investor might read this

• The company has raised Rs.1,000 Crore through the issue of 20,000 Commercial Papers of Rs.500,000/- face value each.
• Commercial Paper is short-term in nature, so this is money raised for the near term rather than long-term capital.
• The disclosure confirms that the papers have been issued and allotted; the amount, face value, number of papers and the date are all stated.
• Since this is a debt instrument, it adds to the company's borrowings in the period in which it is outstanding.

In one line

This is a fund-raising update regarding a short-term debt instrument, with Rs.1,000 Crore raised through 20,000 Commercial Papers of Rs.500,000/- each, issued and allotted on 12.10.2026.

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