1. Repayment/prepayment, in full or part, of certain borrowings availed of by our Company;
2. Funding of working capital requirements of the Company; and
3. General corporate purposes.
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Bond yields traded higher on Thursday after US President Donald Trump indicated that negotiations with Iran were entering the final stages.
In the global market, U.S. Treasury yields fell sharply on Wednesday after President Donald Trump said Washington was in the final stages of negotiations with Iran, fueling investor optimism that a possible agreement could ease pressure on global energy markets. Furthermore, Crude oil prices have risen following two days of decline amid ongoing concerns over supply chain disruptions caused by the US-Israel war on Iran.
Back home, the yields on new 10 year Government Stock were trading 02 basis points higher at 7.09% from its previous close of 7.07% on Wednesday.
The benchmark five-year interest rates were trading 08 basis points higher at 6.94% from its previous close of 6.86% on Wednesday.
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The issue size of R.K. Steel Manufacturing Company Ltd. IPO is ₹0.00 - 0.00 crore.
The R.K. Steel Manufacturing Company Ltd. IPO opens for subscription on and closes on .
The price range of R.K. Steel Manufacturing Company Ltd. IPO is ₹0.00 to ₹0.00.
The lot size of R.K. Steel Manufacturing Company Ltd. IPO is shares.
The registrar of R.K. Steel Manufacturing Company Ltd. IPO is .
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