Description

BSE announces listing of Commercial Paper worth Rs. 1,000 crores issued by Titan Company Limited on private placement basis, effective December 12, 2025.

Summary

BSE has listed new Commercial Paper (CP) issued by Titan Company Limited on private placement basis. The CP worth Rs. 1,000 crores (20,000 units of Rs. 5 lakhs each) has been admitted to trading on the BSE Debt segment effective December 12, 2025. The instrument carries a CARE A1+ credit rating and matures on March 11, 2026.

Key Points

  • Issue Size: Rs. 1,000 crores (20,000 units)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,794.50 per unit
  • Scrip Code: 730755
  • Scrip ID: TCL111225
  • ISIN: INE280A14518
  • Credit Rating: CARE A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must ensure transactions are conducted only in dematerialized form under ISIN INE280A14518
  • Trading must be done in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 11, 2025
  • Listing Date: December 12, 2025
  • Redemption Date: March 11, 2026
  • Tenure: 90 days (3 months)

Impact Assessment

This is a routine short-term debt instrument listing with minimal market impact. Commercial Paper is a standard working capital financing tool used by corporates. The A1+ rating indicates highest safety for short-term debt instruments. This listing does not affect equity shareholders or general market operations. Only institutional investors and debt market participants engaged in money market instruments are impacted.

Impact Justification

Routine commercial paper listing for working capital management with 3-month tenure; no impact on equity investors or market operations