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BEML raises Rs 150 crore through Commercial Paper

23 Sep 2020 Evaluate

BEML has placed the Commercial Paper (CP) of Rs 150 crore, in terms of the guidelines issued by Reserve Bank of India. Allotment date of Commercial Paper is September 22, 2020 and Maturity date will be December 23, 2020. The company issued CP in favour of State Bank of India.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

Peers
Company Name CMP
BEML 2005.85
Action Const. Equip 1249.95
Sanghvi Movers 411.65
TIL 241.00
Brady & Morris Engg. 675.00
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