Tata Communications Issues Commercial Paper Worth ₹400 Crore

Tata Communications Issues Commercial Paper Worth ₹400 Crore

Tata Communications Issues Commercial Paper Worth ₹400 Crore​

Tata Communications Ltd has announced the issuance and allotment of Commercial Paper (CP) aggregating to ₹ 400 crore. The transaction details specify the financing instrument, its size, and the repayment structure.

The company issued the Commercial Paper on April 13, 2026, which is scheduled for redemption on June 15, 2026. The securities were listed on the National Stock Exchange of India Limited on April 15, 2026.

The key financial details of the Commercial Paper issue are summarized below:

Description of the securityDetail
Security TypeCommercial Paper
Total Size of Issue₹400 crore
Issue DateApril 13, 2026
Redemption DateJune 15, 2026
Face Value per security₹5,00,000/-
Discount Rate6.70% p.a.
ISININE151A14271

Stock Price Movement​

On Wednesday, Tata Communications Ltd shares finished the day at ₹1540.30, marking a gain of 1.54%. The stock tested a wide range today, trading between a low of ₹1520.30 and a high of ₹1567.10.

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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