Date: September 28, 2026
Board Meeting Outcomes
- Company issued and listed Commercial Papers of ₹50 Crores on National Stock Exchange of India Limited on September 25, 2026
- Commercial Papers were issued pursuant to SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025
Fundraising / Financing Details
Commercial Paper Issuance:
- Security Type: Commercial Paper
- Status: Listed
- Investor: Kotak Mahindra Bank Limited
- Issue Size: ₹50 Crores
- Date of Issue: September 24, 2026
- Date of Redemption: December 23, 2026
- Face Value per security: ₹5,00,000
- Issue Price: ₹491,635.5
- Number of Units: 1000
- Discount Rate: 6.90%
- Tenure: 90 Days
- IPA (Issuing and Paying Agent): ICICI Bank Limited
Cash Flow Schedule:
- Redemption Record Date: Tuesday, December 22, 2026
- Redemption Due Date: Wednesday, December 23, 2026
- Redemption Amount Payable: ₹50,00,00,000 (Principal repayment)