Titan reports debt securities issued via private placement

Titan Company (BSE: 500114) has announced the reporting of debt securities issued through private placement, according to SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54. The disclosure includes data on two series of non-convertible debentures. Series 1 (ISIN: INE280A08023), issued November 3, 2023, and maturing May 5, 2025, has an outstanding amount of INR 1,250 crore with a coupon rate of 7.75%, payable annually. Similarly, Series 2 (ISIN: INE280A08015), issued November 3, 2023, and maturing November 3, 2025, has an outstanding amount of INR 1,250 crore with the same coupon rate and payment frequency. The statement, prepared in compliance with SEBI regulations for International Securities Identification Numbers (ISINs), has been submitted to both the BSE and the National Stock Exchange of India Limited.