Deepak Nitrite raises Rs 40 crore through Commercial Papers issue

30 Jan 2015

Deepak Nitrite has issued Commercial Papers (CP) for Rs 40 crore value dated January 30, 2015. This has been subscribed by HDFC Bank having maturity on March 30, 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.

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