Regulatory Framework
The certification was issued to fulfill requirements under SEBI's master circular on listing obligations and disclosure requirements, confirming adherence to listing conditions and proper utilization of commercial paper proceeds.
Quantitative Details of Outstanding Commercial Papers
As of June 30, 2026, the company had four outstanding commercial paper issuances totaling ₹1,800 crore:
- ISIN INE151A14289: Issued April 24, 2026 for ₹750 crore, maturing July 23, 2026 - utilized for Working Capital
- ISIN INE151A14297: Issued May 22, 2026 for ₹300 crore, maturing August 21, 2026 - utilized for Purpose/Repayment of Debt
- ISIN INE151A14305: Issued June 15, 2026 for ₹400 crore, maturing September 11, 2026 - utilized for Repayment of Debt (CPs/CC/WCDL/Short term loans)
- ISIN INE151A14313: Issued June 29, 2026 for ₹350 crore, maturing September 28, 2026 - utilized for General Corporate Purpose
Certification and Signatories
The compliance certificate was issued by Siddhartha Mundra, Chief Financial Officer of Tata Communications Limited, on July 15, 2026. The covering letter to the exchanges was signed by Zubin Adil Patel, Company Secretary and Head Compliance.
Purpose and Utilization
The company confirmed that proceeds from all commercial paper issuances were utilized as per the purposes disclosed in the original disclosure documents, including working capital requirements, debt repayment obligations, and general corporate purposes.
Period Covered
The certification covers the quarter ended June 30, 2026 (Q1 FY27).
Document References
Exchange communication reference: HQ/CS/CL.24B/18460 and HQ/CS/CL.24B/18460a dated July 15, 2026
Company CIN: L64200MH1986PLC039266