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Jubilant Ingrevia raises Rs100cr through Commercial Papers issue; Stock gains 2%

The aggregate amount of Commercial Papers outstanding as of date is Rs150cr.

December 21, 2021 12:38 IST | India Infoline News Service
Jubilant Ingrevia Limited has issued unlisted Commercial Papers (CPs) of Rs100cr on December 17, 2021. The date of maturity is February 1, 2022, and the coupon/interest offered is 3.85% per annum.

“The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs150cr,” the company said in a filing on Monday.

At around 12.42 pm, Jubilant Ingrevia Limited was trading at Rs537.90 per piece up Rs10.40 or 1.97% on the BSE. 

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