Description

Titan Company Limited lists 20,000 units of Commercial Paper worth Rs. 1,000 crores on BSE Debt segment with maturity on March 11, 2026.

Summary

BSE has listed new Commercial Paper issued by Titan Company Limited on private placement basis. The securities are admitted to dealings on the BSE Debt segment effective December 12, 2025. The instrument consists of 20,000 units with a face value of Rs. 5,00,000 each, totaling Rs. 1,000 crores, with CARE A1+ credit rating and ICICI Bank Limited as the Issuing and Paying Agent.

Key Points

  • Security Type: Commercial Paper issued on private placement basis
  • Quantity: 20,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,794.50 per unit
  • Total Issue Size: Rs. 1,000 crores
  • Scrip Code: 730755
  • Scrip ID: TCL111225
  • ISIN: INE280A14518
  • Credit Rating: CARE A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 Lakhs and multiples thereof
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE280A14518
  • Trading shall take place 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

  • Notice Date: December 12, 2025
  • Listing Date: December 12, 2025
  • Allotment Date: December 11, 2025
  • Redemption Date: March 11, 2026
  • Tenure: 90 days

Impact Assessment

Minimal market impact. This is a routine commercial paper listing for short-term debt financing by Titan Company Limited. The instrument is rated CARE A1+, indicating highest safety for short-term debt. Trading is restricted to institutional investors given the high denomination requirement of Rs. 5 Lakhs minimum. The 90-day maturity and private placement nature make this a standard corporate treasury operation with no significant impact on equity markets or retail investors.

Impact Justification

Routine commercial paper listing with standard terms, minimal market impact as debt instrument traded in dematerialized form only