Sunteck Realty issues Commercial Paper of Rs 25 crore
Credit Rating obtained for Commercial Paper is IND A1+ by India Ratings & Research.
In an exchange filing made after market hours on Friday, 13 March 2020, Sunteck realty said that the company has issued Commercial Paper of Rs 25 crore. The commercial papers are proposed to be listed on the BSE.
The Commercial Paper carrying interest of 7.95% will mature on 10 July 2020.
Credit Rating obtained for Commercial Paper is IND A1+ by India Ratings & Research.
The stock closed 7.87% higher at Rs 310.30 yesterday, 13 March 2020.
Sunteck Realty (SRL) is a Mumbai-based real estate development company, catering to the ultra-luxury and luxury residential segment.
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First Published: Mar 14 2020 | 7:47 AM IST