Dhampur Sugar Mills Limited — Important, 24-04-2025: Updates

Dhampur Sugar Mills has issued and allotted Commercial Paper (CP) amounting to ₹100 Crore (Cr), intended for listing on BSE Limited. The CP, issued in favor of Kotak Mahindra Bank Limited, consists of 2,000 units with an allotment value of approximately ₹98.14 Cr. It features a maturity date of July 23, 2025, with a tenure of 90 days and an interest rate of 7.69%. The issue has received a credit rating of IND A1+ from India Ratings and Research Private Limited. This initiative could enhance liquidity management for the company, presenting a positive outlook for its financial flexibility.