Raises ₹50 Crore via Commercial Papers
Varroc Engineering Limited · VARROC · NSE ·
Successfully raised ₹50 Crores through the issuance of Commercial Papers (CPs) to meet short-term funding requirements. The CPs were subscribed by Kotak Mahindra Bank Limited at a discount rate of 6.90%. These securities have a tenure of 90 days and are scheduled for redemption o…