Navneet Education has issued and allotted 600 units of commercial paper (CP) of Rs 5,00,000 each, aggregating to Rs 30 crore at a discount rate of 5.70% p.a. The issue date of CP is March 13, 2020, while redemption date is May 4, 2020. The tenure of the security is 52 days. The said paper is listed on NSE pursuant to SEBI Circular dated October 22, 2019.
Navneet Education is engaged in publishing educational and children books and stationary products.