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Deepak Nitrite issues Commercial Papers worth Rs 25 crore

01 Nov 2014 Evaluate

Deepak Nitrite has issued Commercial Papers (CP) for Rs 25 crore value dated October 31, 2014. This has been subscribed by HDFC Bank having maturity date as January 29, 2015. The aforesaid issuance of CP is to fund working capital requirement of the company.

Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals and a world leader in 2,4 and 2,6 Xylidine.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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