Tata Communications Raises INR4.65 Billion Through Issue of Commercial Papers

MT Newswires Live
02-25

Tata Communications (NSE:TATACOMM, BOM:500483) has raised 4.65 billion Indian rupees through the issue and allotment of commercial papers, according to a Monday filing to the Indian bourses.

The commercial papers were issued on Feb. 21 at a face value of 500,000 rupees per unit and at rate of 7.47% per annum.

These are listed on the National Stock Exchange of India and are scheduled to be redeemed on May 23.

Price (INR): ₹1434.75, Change: ₹-1.3, Percent Change: -0.09%

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