Announced Tue, 21 Jul · 15:08 IST
NLC India allots commercial papers worth Rs 150 crore
Fund Raising View source PDF
NLCINDIA · price
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Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹297.50
prior close
₹296.20
base price
In-mkt
timing
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-0.0-0.1-0.4—-3.4-2.5-1.6-0.0——————
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AI summary
NLC India has issued and allotted 3000 commercial papers with face value of Rs 5 lakh each, aggregating to Rs 150 crore, on 20 July 2026. Commercial papers are short term unsecured money market instruments used by companies to meet working capital needs.
Likely market impact
Routine short term borrowing of Rs 150 crore for working capital. Minor increase in short term debt, no material impact on equity shareholders.