Titan Company Limited has announced the full redemption of its Commercial Papers (CPs) amounting to ₹1600 crore. The CPs, which carried an ISIN INE280A14609, were issued on 7th August 2026 and matured today, 5th November 2026. The company confirmed that the maturity proceeds have been duly paid to all holders, as per the SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613.
Commercial Paper Redemption Completed
Titan Company Limited has successfully completed the redemption of its outstanding Commercial Papers (CPs). The total value of the redeemed CPs is ₹1600 crore (Rupees One Thousand Six Hundred Crore). This action aligns with the SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613, which governs the issuance and listing of non-convertible securities, including commercial papers.
Key Details of Redemption
The Commercial Papers in question bore the ISIN INE280A14609 and were originally issued on 7th August 2026. The maturity date for these CPs was 5th November 2026. Titan Company Limited has confirmed that the maturity proceeds have been disbursed to all the respective holders today. This redemption signifies the company’s commitment to meeting its short-term financial obligations.
Further Information
A copy of this intimation has been made available on the company’s official website at www.titancompany.in for public access and information. This disclosure is for the general information and records of stakeholders.
Source: BSE
