Interise Trust Certifies Commercial Paper Proceeds Utilization and SEBI Compliance
Interise Trust submitted a compliance certificate to BSE Limited on March 27, 2026, confirming proper utilization of Commercial Paper proceeds and SEBI regulatory adherence. The certificate covers 1,714 Commercial Papers with face value of Rs. 5,00,000 each, issued at Rs. 4,95,961 per unit on February 17, 2026, carrying 7.25% discount rate and maturing March 30, 2026. The certification was made under SEBI Master Circular dated October 15, 2025, with proceeds utilized as per the Letter of Offer dated February 13, 2026.

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Interise Trust has filed a compliance certificate with BSE Limited, confirming the proper utilization of proceeds from its Commercial Paper (CP) issue and adherence to regulatory listing conditions as mandated by SEBI regulations.
Regulatory Compliance Certificate
The certificate, submitted on March 27, 2026, was issued by Interise Investment Managers Private Limited acting as the Investment Manager to Interise Trust. The certification addresses requirements under SEBI Master Circular no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025, specifically clause 10 of Part III of Chapter XVII.
Amit Shah, Chief Compliance Officer and Vice President – Company Secretary, signed the submission letter, while Gaurav Khanna, Chief Financial Officer, certified the compliance details as per the regulatory framework.
Commercial Paper Details
The compliance certificate covers specific Commercial Papers issued by the trust with detailed parameters:
| Parameter: | Details |
|---|---|
| Security Type: | Unsecured, listed, rated commercial papers on private placement basis |
| Allotment Date: | February 17, 2026 |
| ISIN: | INE790Z14042 |
| Face Value per CP: | Rs. 5,00,000 |
| Issue Price per CP: | Rs. 4,95,961 |
| Discount Rate: | 7.25% per annum |
| Number of CPs Issued: | 1,714 |
| Maturity Date: | March 30, 2026 |
Proceeds Utilization Confirmation
The Investment Manager certified that proceeds from the Commercial Paper issue were utilized for purposes as stated in the Letter of Offer/Key Information Document dated February 13, 2026. The certification also confirms adherence to listing conditions specified in Chapter XVII of the SEBI Master Circular covering Commercial Paper listings.
Stakeholder Communication
The compliance submission was copied to key stakeholders including IDBI Trusteeship Services Limited as Trustee, Axis Trustee Services Limited as Debenture Trustee, and ICICI Bank Limited serving as Issuer and Paying Agent. This communication ensures transparency across all parties involved in the Commercial Paper arrangement.
The trust maintains multiple scrip codes on BSE Limited including 541300, 974904, 729550, 977222, 977223, and 731124, reflecting its diversified investment structure and regulatory compliance across various securities.
Will Interise Trust plan additional Commercial Paper issuances given the successful compliance with this short-term 41-day maturity instrument?
How might the upcoming SEBI regulatory changes in 2026 impact Interise Trust's future debt instrument strategies and compliance costs?
What refinancing options is Interise Trust considering as the March 30, 2026 maturity date approaches for the Rs. 85.7 crore Commercial Paper issue?

































