Commercial Paper of ₹550 crore issued, allotted and listed on NSE
Tata Communications has issued and allotted Commercial Paper worth ₹550 crore.
- Commercial Paper Size
- ₹550 crore
- Issue Date
- September 28, 2026
- Redemption Date
- December 18, 2026
- Face Value per Security
- ₹5,00,000
- Discount Rate
- 6.20% p.a.
What was announced
Tata Communications informed the exchanges that it has issued and allotted Commercial Paper aggregating ₹550 crore.
Key terms
- Size of the issue: ₹550 crore
- Date of issue: September 28, 2026
- Date of redemption: December 18, 2026
- Face value per security: ₹5,00,000
- Discount rate: 6.20% p.a.
Listing
The Commercial Paper was listed on the National Stock Exchange of India Limited on September 29, 2026.
What it means
Commercial Paper is a short-term borrowing instrument sold at a discount to face value and repaid at face value on maturity. Here the tenure runs from late September to mid-December 2026, so this is short-term funding rather than long-term debt.
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More numbers
- Size of the issue₹550 crore
- Face value per security₹5,00,000/-
- Discount rate6.20% p.a.
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