Asian Granito India has informed that the Company issued Commercial Paper of an aggregate amount of Rs 20 crore on April 13, 2016, which have been rated ICRA by a leading rating agency. Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk. The aggregate Commercial Paper outstanding as on date is Rs 20.00 crore.

The above information is a part of company’s filings submitted to BSE.

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179.85 -2.15 (-1.18%) Mar 05, 18:59
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