Rashtriya Chemicals and Fertilizers Ltd said that it has issued commercial paper for Rs 180 crore in favour of State Bank of India. “In terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.180 Crore on January 23, 2017, in favour of State Bank of India,” it said in a filing to the Bombay Stock Exchange. 

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The commercial paper is having maturity date as March 30, 2017. Meanwhile, shares of the company were trading at Rs 56.90 apiece, up 1.25 % from the previous close at 12:30 hours on BSE.