Tata Communications allots ₹550 crore commercial paper
Tata Communications (BSE: TATACOMM) said it has allotted commercial paper of ₹550 crore. The company is valued at about ₹47,333 crore.
What happened
Tata Communications (BSE: TATACOMM) informed the stock exchanges on 29 September 2026 at 01:13 PM that it has allotted commercial paper of ₹550 crore.
How big is it?
At ₹550 crore, the issue is equal to about 1.2% of the company's market value of ₹47,333 crore.
Company snapshot
Tata Communications is a mid-cap company in the Telecommunication sector, with a market value of about ₹47,333 crore.
The stock last traded at ₹1,660.7, against a 52-week range of ₹1,322.5–₹2,110 (21.3% below the high).
Before this filing the shares had moved −1.4% over the month and −15.4% over three months. Average daily turnover over the last 20 sessions was about ₹41.97 crore.
Promoters held 58.86% at the end of Q1 FY27. Foreign institutions owned 13.75% and domestic institutions 19.86%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 5,960 | 190 | 6.67 |
| Q2 FY26 | 6,100 | 183.1 | 6.42 |
| Q3 FY26 | 6,189 | 365.3 | 12.82 |
| Q4 FY26 | 6,554 | 263.2 | 9.24 |
| Q1 FY27 | 6,583 | 134.2 | 4.71 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.3% on average the next trading day and was up 0.1% on average after five days (6 filings with price data).
Across 16 similar disclosures by other Telecommunication companies, shares moved −0.3% on average the next day and −1.5% over five days; 50% of them rose the next day.
Market-wide, 1,465 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.5%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 15 Sept 2026 | Intimation regarding issuance, allotment and listing of Commercial… | +2.5% | −2.7% |
| 24 Aug 2026 | Intimation Regarding Issuance, Allotment And Listing Of Commercial… | −2.3% | +2.7% |
| 19 Aug 2026 | Intimation Regarding Issuance, Allotment And Listing Of Commercial… | −0.7% | −2.4% |
| 24 Jul 2026 | Intimation Regarding Issuance, Allotment And Listing Of Commercial… | −0.6% | +0.3% |
| 15 Jul 2026 | Certificate Of Compliance In Respect Of Commercial Papers Issued By… | −2.1% | −3.0% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Tata Communications launches Centre of Excellence in Cybersecurity at SASTRA University
- Tata Communications Plans Meeting With Analysts and Investors on September 21
- Tata Communications sets up centre of excellence at SASTRA
- Tata Communications Appoints Ganapathi S. Lakshminarayanan as MD & CEO
- Tata Communications, SASTRA University Launch Centre of Excellence in Cybersecurity
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.