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Jubilant Ingrevia redeems commercial papers worth Rs50 crore; Stock rises

25 Aug 2022 , 10:52 AM

Jubilant Ingrevia Limited has informed to the exchanges regarding redemption of Commercial Papers of Rs50 crore.

At around 10:51 AM, Jubilant Ingrevia was trading at Rs483 per share higher by Rs2.20 or 0.46% on the BSE.

The company said in a regulatory filing that the commercial papers of Rs50 crore issued on Thursday, July 14, 2022, have been fully redeemed by the Company on Tuesday, August 23, 2022 i.e. the maturity date.

Jubilant Ingrevia is an integrated life science products and solutions provider. It offers a broad portfolio of high-quality ingredients that find application in a wide range of industries.

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