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..."
Sudarshan started manufacturing pigments in 1952. It primarily serves the coatings, plastics, inks and cosmetics markets.
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First Published: Mar 28 2022 | 9:31 PM IST