Jubilant Ingrevia Limited — QIP/Rights/Pref., 23-05-2025: Issue of Securities
23-05-2025 | 05:49 pm
23-05-2025 | 05:49 pm
Jubilant Ingrevia has issued unsecured Commercial Papers worth Rs. 50 Cr with a 60-day maturity and a 6.70% annual coupon, listed on NSE. Interest is paid upfront, and principal repaid at maturity. This is part of a Rs. 600 Cr CP program, with Rs. 150 Cr outstanding currently. Proceeds are likely aimed at working capital and general corporate needs.
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