Asia
PCBL Chemical Allots Commercial Papers Worth INR2 Billion
PCBL Chemical (NSE:PCBL, BOM:506590) has allotted commercial papers worth 2 billion Indian rupees to Kotak Mahindra Bank (NSE:KOTAKBANK, BOM:500247), according to a Thursday filing to the Indian stock exchanges.The chemical manufacturer allotted 4,000 units of commercial paper of a face value of 500,000 rupees each at a coupon rate of 6.38% per annum.The commercial papers have a tenure of 90 Days and are scheduled to mature on July 22.
BOM:500247BOM:506590NSE:KOTAKBANKNSE:PCBL
