Torrent Power informs about record date of CP

20 Nov 2020 Evaluate

Torrent Power has informed that the Company had issued 2000 Commercial Paper (CP's) of the face value of 5,00,000 per CP aggregating to 100 Crores under the aforesaid ISIN for the tenure of 60 days from the date of issuance and the said CP's are going to mature on November 27, 2020. Further, as per the guidelines of FIMMDA, FAQs of BSE and National Stock Exchange of India, the record date for redemption of CP will be one working day prior to the maturity date. Accordingly, the Company has fixed November 26, 2020 as Record Date to ascertain beneficiary ownership of CP.

The above information is a part of company’s filings submitted to BSE.

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