Description
BSE lists new commercial paper securities of Titan Company Limited worth Rs. 20 crores issued on private placement basis.
Summary
BSE has listed new commercial paper securities of Titan Company Limited worth Rs. 20 crores (40,000 units of Rs. 5 lakhs each) issued on private placement basis. The securities are listed on BSE Debt segment with effect from September 10, 2025.
Key Points
- Commercial paper of Rs. 5,00,000 face value each
- Total quantity: 40,000 units
- Issue price: Rs. 4,92,752 per unit
- Credit rating: CARE A1+
- Trading in dematerialised form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Security Details
- Scrip Code: 730176
- Scrip ID: TCL90925
- ISIN: INE280A14484
- Issuing and Paying Agent: ICICI Bank Limited
Important Dates
- Allotment Date: September 9, 2025
- Listing Date: September 10, 2025
- Redemption Date: December 9, 2025
Impact Assessment
Routine debt listing with minimal market impact. Provides additional short-term funding option for Titan Company Limited through commercial paper issuance.
Impact Justification
Routine debt listing with no market impact