Torrent Pharmaceuticals issues ₹200 crore commercial papers

Torrent Pharmaceuticals Limited has issued commercial papers (CPs) totaling ₹200 crore. The announcement, made on September 24, 2025, details the issuance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These CPs will be listed on the National Stock Exchange of India (NSE).

The commercial papers have a tenure of 90 days, with the allotment date being September 24, 2025, and maturity/redemption scheduled for December 23, 2025. The coupon/interest/discount rate for these papers is 5.93% per annum, payable upfront. Principal payment will occur at maturity, and the instruments are unsecured.