MUMBAI, Feb 24 (Reuters) - India's Godrej Agrovet plans to raise funds by selling commercial papers
maturing in three months, three merchant bankers said on Friday.
The agri-business company will offer a yield of 7.60% on the
papers and it has received commitments of around 500 million
rupees ($6.04 million), the bankers said.
The notes are rated A1+ by ICRA and will mature on May 28.
($1 = 82.7460 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)
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