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Tata Communications Raises Rs 465 Crore via Commercial Papers
2025-02-26
Tata Communications has raised Rs 4.65 billion through the issuance of commercial papers, the company announced in a regulatory filing.
The instruments were issued on February 21, 2025, with a redemption date of May 23, 2025. The commercial papers are listed on the National Stock Exchange (NSE) as of February 24, 2025.
Each security carries a face value of Rs 5 lakh, with the company offering a 7.47% annual discount rate on the instruments.
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