Torrent Pharmaceuticals has issued commercial paper aggregating to ₹1,500 Crores. The company issued 30,000 commercial papers with a face value of ₹5,00,000 each. The commercial paper is listed, rated, transferable, and rupee denominated. The date of maturity is December 22, 2026, with an interest rate of 7.20%. The commercial paper is unsecured.
Commercial Paper Issuance
Torrent Pharmaceuticals has issued commercial paper (CPs) for a total amount of ₹1,500 Crores (Rupees One Thousand Five Hundred Crore Only) on January 19, 2026. This issuance consists of 30,000 listed, rated, transferable, and rupee-denominated commercial papers, each with a face value of ₹5,00,000.
Key Details of the Issuance
The commercial paper is proposed to be listed on the National Stock Exchange of India (NSE). Key details are as follows:
- Tenure: 337 days
- Date of Allotment: January 19, 2026
- Maturity Date: December 22, 2026
- Interest Rate: 7.20%
- Interest Payment: Upfront
- Principal Payment: On maturity, December 22, 2026
- Security: Unsecured
Source: BSE
