Torrent Pharmaceuticals has announced the issuance of commercial papers (CPs) amounting to ₹200 Crores on September 17, 2025. These CPs, with a tenure of 90 days and a discount rate of 5.93% per annum, will mature on December 16, 2025. The company intends to list these unsecured CPs on the National Stock Exchange of India (NSE).
Commercial Paper Issuance
Torrent Pharmaceuticals has issued commercial papers (CPs) for a total of ₹200 Crores (Rupees Two Hundred Crores Only) on September 17, 2025. The company intends to list these instruments on the National Stock Exchange of India (NSE).
Key Details of the CP Issue
Here are the details of the commercial paper issuance:
- Issue Size: ₹200 Crores
- Listing: Yes, proposed to be listed on NSE
- Tenure: 90 days
- Allotment Date: September 17, 2025
- Maturity Date: December 16, 2025
- Discount Rate: 5.93% per annum
- Interest Payment: Upfront
- Principal Payment: On maturity (December 16, 2025)
- Security: Unsecured
Source: BSE
