Titan Company fully redeems INR 1,200 crore commercial papers

Titan Company (BSE:TITAN) announced the full redemption of its Commercial Papers (CPs) totaling ₹1200 crore (Rupees One Thousand Two Hundred Crore). The CPs, bearing ISIN- INE280A14393, were initially issued on February 10, 2025, and reached maturity today, March 6, 2025. The company confirmed that the maturity proceeds have been duly paid to all holders. This action complies with SEBI's Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613, dated August 10, 2021, pertaining to the issuance and listing of non-convertible securities. The information is available on the company's website, www.titancompany.in.