Commercial paper proceeds utilisation certificate for the September quarter

Jubilant Ingrevia has certified that the money raised through its Commercial Papers was used for the purpose it had disclosed — funding working capital requirement.

Wed 7 Oct 2026

Certificate period

quarter ended September 30, 2026

Commercial Paper ISIN

INE0BY014433

Stated use of proceeds

utilised for the disclosed purpose, that is, to fund working capital requirement

What has been shared

Jubilant Ingrevia has sent the stock exchanges a certificate for the quarter ended September 30, 2026, covering the money it raised by issuing Commercial Papers. Commercial Papers are short-term debt instruments that companies use to borrow money for a short period, usually up to one year.

What the certificate says

• The proceeds from the issue of Commercial Papers (ISIN - INE0BY014433) have been utilised for the disclosed purpose, that is, to fund working capital requirement.
• The company has adhered to the other listing conditions for listed Commercial Papers.
• The certificate is signed by Varun Gupta, President & Chief Financial Officer.

Why funding working capital matters

Working capital is the money a company needs for day-to-day running — buying raw materials, paying salaries and power bills, and holding stock until it is sold and the cash comes back in. Funding this with short-term borrowings is a routine treasury practice for a manufacturing business such as Jubilant Ingrevia.

How a retail investor can read this

• This is a periodic certificate about how already-borrowed money was used.
• It confirms the money went to the stated purpose, that is, funding working capital requirement.
• It also records that the company followed the listing conditions attached to the Commercial Papers.

What to take away: it is a routine quarterly confirmation on the use of Commercial Paper proceeds, signed by the CFO, and it speaks to the company's short-term borrowing and its use.

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