Jubilant Ingrevia Limited has informed the Exchange about issue of Securities
JUBLINGREA · price
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Jubilant Ingrevia has issued Commercial Papers (CPs) worth Rs. 50 crore on July 18, 2025. The CPs carry a coupon of 5.95% per annum, have a tenure of 60 days, and will mature on September 16, 2025. The interest is paid upfront, while the principal will be repaid on maturity. These are unsecured instruments listed on the NSE. The Finance Committee had earlier approved issuance of CPs up to Rs. 600 crore outstanding at any time, and the total CP outstanding (including this tranche) now stands at Rs. 200 crore.
This is a routine short-term borrowing to meet working capital needs, not dilutive for shareholders. The 5.95% rate is a standard market rate for short-term CPs and should not materially affect the stock or shareholders.