Deepak Nitrite has issued Commercial Papers (CP) for Rs 15 crore value dated January 06, 2015. This has been subscribed by SBIFUND Management, having maturity on April 15, 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.