Birla Corporation has raised Rs 50 crore through allotment of 1000 units of Commercial Paper of Rs 5,00,000 each. Maturity of the said Commercial Paper will be on December 22, 2025. Tenure of the instrument is for 90 days.
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.