Dwarikesh Sugar Industries has issued Commercial Papers (CPs) of Rs 40 crore. The tenure of the instrument is 60 days and was allotted on January 18, 2018. The coupon/interest will be paid upfront at the rate of 7.75% per annum and the paper will mature on March 19, 2018. The aggregate amount of CP outstanding as on date is Rs 215 crore.
Dwarikesh Sugar Industries is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products.
