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| Exchange Received Time 21/12/2017 13:39:22 Exchange Disseminated Time 21/12/2017 13:39:29 Time Taken 00:00:07 | We wish to inform you that the Company has issued Commercial Paper of Rs. 50.00 Crore value dated 20th December, 2017 having maturity on 15th March, 2018.
The aforesaid issuance of commercial papers is to reduce high interest bearing cash credit limits and in turn reducing cost of borrowing.
Please treat this as Compliance of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and take the same on your record.
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