Dwarikesh Sugar Industries has issued Commercial Papers (CPs) of Rs 35 crore. The tenure of the instrument is 59 days and was allotted on January 23, 2018. The coupon/interest will be paid upfront at the rate of 7.75% per annum and the paper will mature on March 23, 2018. The aggregate amount of CPs outstanding as on date is Rs 250 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.
