Shree Cement to issue 2-month commercial papers: Traders
The company will offer a yield of 6.78% on this issue, and has received commitments worth around 1 billion rupees ($12.29 million), the bankers said.
Reuters
- Jan 19, 2023,
- Updated Jan 19, 2023 4:34 PM IST
India’s Shree Cement plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Wednesday.
The company will offer a yield of 6.78% on this issue, and has received commitments worth around 1 billion rupees ($12.29 million), the bankers said.
The notes are rated A1+ by CRISIL.
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India’s Shree Cement plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Wednesday.
The company will offer a yield of 6.78% on this issue, and has received commitments worth around 1 billion rupees ($12.29 million), the bankers said.
The notes are rated A1+ by CRISIL.
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Union Budget 2026 | Finance Minister Nirmala Sitharaman presented her record 9th Union Budget on February 1. The Budget has brought relief for travellers, students, exporters and clean-energy sectors, while tightening the screws on tax non-compliance and speculative trading.
Track live Budget updates, breaking news, expert opinions and in-depth analysis only on BusinessToday.in
Track live Budget updates, breaking news, expert opinions and in-depth analysis only on BusinessToday.in
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