Jubilant Ingrevia Limited — QIP/Rights/Pref., 27-12-2024: Issue of Securities

Jubilant Ingrevia has issued Commercial Papers (CPs) totaling Rs. 48 Crore. The CPs have a tenure of 60 days, with an interest rate of 7.25% per annum, and will mature on February 25, 2025. The interest is payable upfront, with the principal amount due at maturity. The aggregate outstanding amount of CPs now stands at Rs. 148 Crore. The issuance is unsecured and does not carry any special rights or privileges. This issuance aligns with the Finance Committee's earlier approval to issue up to Rs. 600 Crore in CPs over time.