Deepak Nitrite issues commercial papers for Rs 20 crore
To fund working capital requirement
Deepak Nitrite announced that the Company has issued Commercial Papers (CP) for Rs 20 crore value dated 28 May 2014. This has been subscribed by HDFC Bank with maturity date as 26 August 2014.The aforesaid issuance of CP is to fund working capital requirement of the Company.
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