Description

BSE lists new commercial paper worth Rs. 20 crores issued by Titan Company Limited on private placement basis, effective September 10, 2025.

Summary

BSE has listed new commercial paper securities issued by Titan Company Limited on private placement basis worth Rs. 20 crores (40,000 units of Rs. 5 lakh each). The securities are listed on BSE Debt segment with effect from September 10, 2025.

Key Points

  • Commercial paper of Rs. 5,00,000/- each, totaling 40,000 units
  • Issue price: Rs. 4,92,752/- per unit (discount to face value)
  • Credit rating: CARE A1+
  • Scrip code: 730176, ISIN: INE280A14484
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • ICICI Bank Limited as Issuing and Paying agent

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded under specified ISIN number INE280A14484

Important Dates

  • Allotment date: September 9, 2025
  • Listing date: September 10, 2025
  • Redemption date: December 9, 2025
  • Maturity period: 3 months

Impact Assessment

Minimal market impact as this is a routine commercial paper listing for short-term funding purposes. The instrument provides Titan Company with working capital financing at competitive rates given the A1+ rating. No impact on equity trading or broader market operations.

Impact Justification

Routine commercial paper listing with minimal market impact