Navneet education redeems commercial paper worth Rs50cr

The CPs of Rs25cr each were issued on April 20, 2021, and Rs25cr on May 4, 2021, in favour of ICICI Bank.

Jul 20, 2021 05:07 IST India Infoline News Service

Navneet Education Limited informed the exchanges Monday that Commercial Paper (CP) of Rs25cr issued on April 20, 2021, and Rs25cr issued on May 4, 2021, in favour of ICICI Bank which was listed on National Stock Exchange of India Ltd. have been fully redeemed on their redemption date July 19, 2021. 

Navneet Education Ltd ended at Rs96.90 per piece down by Rs0.65 or 0.67% from its previous closing of Rs97.55 per piece on the BSE.
The scrip opened at Rs94.05 and has touched a high and low of Rs98.55 and Rs94.05 respectively, during intraday trade on Tuesday.

Related Story

Open Free Demat Account (Rs699)