Torrent Pharma issues ₹200 crore commercial papers

Torrent Pharmaceuticals Limited has issued Commercial Papers (CPs) totaling ₹200 crore. The announcement was made on September 17, 2025, with details disclosed to both BSE Limited and the National Stock Exchange of India Ltd. The CPs have a tenure of 90 days, with the allotment date on September 17, 2025, and a maturity/redemption date of December 16, 2025.

The commercial papers carry a coupon/interest/discount rate of 5.93% per annum, payable upfront. The principal payment is scheduled on the maturity date, December 16, 2025. These CPs are unsecured and are proposed to be listed on the National Stock Exchange of India (NSE).

The company confirmed that no special rights or privileges are attached to the instrument, and there are no anticipated delays in interest or principal payments.