Loan & Debt24 Sept 2026, 09:58 pm
Jubilant Ingrevia Issues ₹100 Cr Commercial Paper
AI Summary
Jubilant Ingrevia Ltd has successfully issued Commercial Papers (CPs) worth ₹100 Crores on September 24, 2026. The unsecured CPs have a tenure of 90 days, maturing on December 23, 2026, with an upfront interest payment of 6.30% per annum. This issuance is part of the Finance Committee's approval to issue CPs up to ₹600 Crores outstanding at any time. The total outstanding CPs after this issue amount to ₹100 Crores.
Key Highlights
- Company issued Commercial Papers worth ₹100 Crores.
- CPs have a 90-day tenure, maturing on December 23, 2026.
- Interest rate offered is 6.30% per annum, paid upfront.
- Total outstanding CPs now stand at ₹100 Crores.
Price Impact
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