Sudarshan Chemical Industries to raise up to Rs 200 cr through debentures

Sudarshan started manufacturing pigments in 1952

Fundraising

Photo: Shutterstock

Press Trust of India New Delhi
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.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 28 2022 | 9:31 PM IST

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