Havells India to raise Rs 150 crore through commercial papers

20 Mar 2017

Havells India has approved the issue of Commercial Paper to Yes Bank for an amount of Rs 150 crore. The tenor of the issue is 88 days, with date of allotment on March 20, 2017, while date of maturity is June 16, 2017.

Havells India is the country's leading Fast Moving Electrical Goods (FMEG) manufacturer, producing a wide range of world class industrial and consumer electrical products. The Company works in step with the Make in India initiative and has an extensive production and distribution network across India and the world.

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