Jubilant Ingrevia board issues commercial papers of Rs50cr

The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs50cr.

Nov 26, 2021 09:11 IST India Infoline News Service

Jubilant Ingrevia Ltd has informed to the exchanges that the Company has issued Commercial Papers of Rs50cr on November 24, 2021.

Details of the same are as follows:

Tenure of the investment is 47 days and the date of allotment is November 24, 2021 while date of maturity is January 10, 2022.

Interest rate offered by the company is 3.75% per annum.

The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs50cr, said company in a regulatory filing.

At around 9:17 AM, Jubilant Ingrevia was trading at Rs602.90 per piece down by 1.25% on the BSE.

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