Titan Company Limited has informed the Exchange about Certificate pursuant to SEBI Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
TITAN · price
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Titan Company Limited submitted its quarterly compliance certificate for the quarter ended March 31, 2026, confirming proper utilization of Commercial Paper proceeds and adherence to SEBI listing conditions. The total CP issuance during the calendar year up to March 2026 stood at Rs. 12,225 crore across 13 tranches. All CP proceeds were utilized for Working Capital purposes as stated. The company certified that asset classification of fund-based facilities remains 'Standard', no material adverse change in financial status occurred, and all CP issuance directions and offer document conditions were adhered to.
This is a routine regulatory compliance filing with no adverse findings. The positive confirmations indicate Titan's financial health remains stable and short-term borrowing is being managed properly, which is constructive for investors.