Biocon Limited has informed the Exchange about Record Date for Commercial Paper
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Biocon Limited has informed stock exchanges about the record date for the maturity of a commercial paper. The commercial paper has an issue size of Rs. 200 Crore and is listed on NSE. The maturity date is March 03, 2026, and the record date has been set as March 02, 2026. Investors holding the commercial paper on the record date will be eligible to receive the maturity proceeds. This is a routine corporate communication required under listing obligations.
This is a procedural disclosure with no material impact on shareholders or stock price. It simply notifies CP holders of the timeline for receiving repayment of the Rs. 200 Crore commercial paper upon maturity.