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Chennai Petroleum Corporation raises Rs 775 crore through bonds

30 Jun 2021 Evaluate

Chennai Petroleum Corporation has raised Rs 775 crore through Unsecured, Listed, Rated, Senior, Redeemable, Non- Cumulative, Taxable, Non Convertible Bonds in the nature of Debentures and allotted 7750 bonds of Rs 10 lakh each on Private Placement basis for tenor of 3 years to meet the funding of CAPEX and financing business activities. 

Chennai Petroleum Corporation, a Group company of Indian Oil Corporation is an Indian state-owned oil and gas corporation headquartered in Chennai, India.

Peers
Company Name CMP
Reliance Industries 1318.10
Indian Oil Corpn. 146.10
Bharat PetroleumCorp 319.00
HPCL 386.00
MRPL 175.70
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