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Birla Corporation raises Rs 50 crore through Commercial Paper

09 Aug 2025 Evaluate

Birla Corporation has raised Rs 50 crore through the issuance of 1000 units of Commercial Paper of Rs 5,00,000 each, at a discounted rate of 6.15% p.a. Tenure of said commercial paper is 90 days and maturity will be on November 6, 2025. 

Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.


Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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