Dwarikesh Sugar Industries has issued Commercial Papers (CP) of Rs 50 crore on January 30, 2018. The tenure of the instrument is 44 days and was allotted on January 30, 2018. The coupon/interest will be paid upfront at the rate of 7.75% per annum and the paper will mature on March 15, 2018. The aggregate amount of CPs outstanding as on date is Rs 300 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.
