Latest News | Sudarshan Chemical Industries to Raise Up to Rs 200 Cr Through Debentures

New Delhi, Mar 28 (PTI) Sudarshan Chemical Industries Ltd on Monday said its board has approved a proposal to raise up to Rs 200 crore through issue of debentures.

In a regulatory filing, the Pune-based company informed that the board has approved "fund raising by way of issue of Non-Convertible Debentures (NCD) aggregating up to Rs 200 crores, on private placement basis in one or more series/tranches..."

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Sudarshan started manufacturing pigments in 1952. It primarily serves the coatings, plastics, inks and cosmetics markets.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)