Key Quantitative Figures
- Issue Value: ₹99,41,58,000 (approximately ₹99.42 crores)
- Redemption Value: ₹100,00,00,000 (₹100 crores)
- Number of CPs Issued: 2000
- Rate of Interest: 7.15% per annum
- Tenure: 30 days
Parties Involved
- Issuer: Dhampur Sugar Mills Limited
- Allottee: Kotak Mahindra Bank Limited
- Security Code: 500119
Instrument Details
- Credit Rating: IND A1+ (indicating highest credit quality for short-term instruments)
- Listing Status: The commercial paper will be unlisted
Financial Impact
The transaction represents a short-term borrowing of ₹100 crores by the company, which will be repaid with interest at maturity on July 30, 2026.
#Tags: #DhampurSugarMills #CommercialPaper #Fundraising #SEBIDisclosure #FinancialUpdate #Neutral