Persistent Systems Limited has allotted commercial papers totaling ₹6 billion on November 5, 2026, in continuation of their previous intimation dated October 16, 2026 (Ref. No. NSE & BSE / 2026-27 / 164). This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Commercial Paper Details
- Security Description: Commercial papers
- Total Issue Size: ₹6.00 billion
- Number of Instruments: 12,000 Commercial Papers
- Face Value per Security: ₹500,000 (INR Five Lakh) each
- Issue Price per Security: ₹459,770 each
- Listing Exchange: National Stock Exchange of India Limited
- Tenure: 1 (One) year
- Date of Allotment: November 5, 2026
- Date of Maturity: November 5, 2027
- Yield Rate: 8.75%
- Discount Rate: 8.75%
- Issuing and Paying Agent: ICICI Bank Limited
Additional Instrument Features
- Coupon/Interest: Not Applicable
- Charge/Security: Not applicable (no security created over assets)
- Special Rights/Privileges: Not applicable
- Payment Delay History: Not applicable (no delays in payment beyond three months)
- Payment Comments: Not applicable (no letters or comments regarding payment/non-payment)
- Redemption Details: Not specified
- Cancellation/Termination: Not applicable (no cancellation of issuance proposal)