Issuance of Commercial Paper of Rs. 70 Crores
Sunteck Realty has issued Commercial Paper of Rs. 70 Crores today, 21st October, 2026.
By ScoutQuest · · 2 min read
- Issue Size
- Commercial Paper of Rs. 70 Crores issued on 21st October, 2026
- Interest Rate
- 7.75% p.a., payable immediately
- Tenure / Maturity
- Tenure 180 days; maturity 19th April, 2027
What the company has informed the exchanges
Sunteck Realty has told the stock exchanges that it issued Commercial Paper of Rs. 70 Crores on 21st October, 2026. Commercial Paper is a short-term debt instrument that companies use to borrow money for a few months, and it does not add to the company's share capital the way new shares would.
Key terms of this issue
- Description of security: Commercial Paper, ISIN INE805D14201
- Face value per instrument: Rs. 5,00,000/-
- Size of the issue: Rs. 70 Crores
- Tenure: 180 days; allotted/credited on 21st October, 2026 and maturing on 19th April, 2027
- Interest offered: 7.75% p.a.
- Payment schedule: interest payable immediately, principal payable on maturity
- Security: the instrument is unsecured, so no charge is created over the company's assets for this borrowing
- Listing: proposed to be listed on BSE Limited
- Credit rating obtained for the Commercial Paper: INDA1+ from India Ratings & Research
What to note in the detail
- Because the paper is unsecured, this borrowing is not backed by any specific asset of the company.
- The interest rate of 7.75% p.a. is the stated cost of this short-term borrowing; the principal is repayable in one go on maturity.
- The update states there is no delay in payment of interest or principal of more than three months from the due date, and no default in such payment.
- It also states there is no letter or comment regarding payment or non-payment of interest or principal, or any other matter concerning the security or the assets.
What this means for a retail reader
This is an intimation of a fund-raising event. It tells you that the company has raised short-term money at a stated interest rate of 7.75% p.a. for 180 days, that the paper carries an INDA1+ rating, and that it is proposed to be listed on BSE Limited. The update does not state the purpose for which the money is being raised, so the use of the proceeds is not something this announcement answers.
How to read the news
This is a short-term financing disclosure. On its own it does not change the company's equity, and the announcement carries no adverse comment on payment obligations. Judging the larger impact would require the company's overall debt and repayment profile, which is not part of this document.
Also from Sunteck Realty
Sunteck Realty sets Q2 and H1 FY 2027 earnings conference call for 27 October 2026 at 4:00 p.m. IST
23 Oct 2026
Sunteck Realty to hold Q2 and H1 FY 2027 earnings conference call on 27 October 2026
15 Oct 2026
Board meeting on 26 October 2026 to consider and approve unaudited results for Q2 and H1 FY27
15 Oct 2026
More numbers
- Size of the Commercial Paper issueRs. 70 Crores
- Face value per instrumentRs. 5,00,000/-
- Tenure of the instrument180 days
- Interest offered7.75% p.a.
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