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| Exchange Received Time 06/01/2018 15:07:23 Exchange Disseminated Time 06/01/2018 15:07:29 Time Taken 00:00:06 | Sub: Issuance of Commercial Paper
We wish to inform you that the Company has issued Commercial Paper of Rs. 35.00 Crore value dated 5th January, 2018 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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